risk assessment matrix · hazard and risk management - assess • what are the causes and...
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MANAGING THE BEAST WE CALL RAMMANAGING THE BEAST WE CALL RAM
U thi f i
Risk Assessment Matrix
March 2014
Use this area for cover image(Maximum height 6.5cm & width 8cm)
Shell Upstream Americas October 2011
HAZARD AND RISK MANAGEMENT - ASSESS
• What are the causes and consequences?
• How likely is loss of ask
IDENTIFY
ASSESSow e y s oss o
control?• What is the risk?
use
ASSESS
CONTROL
Risk Assessment Matrix (RAM)CONTROL
RECOVER
Risk = severity of the consequence x the likelihood of the consequencethe likelihood of the consequence
= Consequence x Likelihood
Shell Upstream AmericasShell Upstream Americas October 2011
USING THE RAM1. Identify potential
2. Use left side to Assess the severity (0-5) of each potential consequence for P,A,E,R
y pconsequences toP,A,E,R 3. Estimate likelihood (A to E) of
each consequence
4. Plot positions in the coloured area of the
Shell Upstream Americas
pmatrix to determine the level of risk
Shell Upstream Americas October 2011
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