Title: +038=627.001-##001T_03-Fasadevasksystem NorAcon - International Code of Practice (ICOP).pdf
Annex A: page 1 of 72013-Sep-01IRATA International code of practice for industrial rope access Part 3 of 5: Informative annexes: Annex AA.2.1.3Evaluate the risks and decide on precautionsA.2.1.3.1 There is more than one way of evaluating the level of risk arising from each hazard. One method uses a risk matrix. Table A.1, which is one example of a risk matrix, sets out numerically the likelihood of an incident occurring and the potential severity or consequences of such an incident. The level of risk is a multiplication of the likelihood of an incident occurring and the severity or consequences of it. The risk value and residual risk value after the controls have been put into place are shown in the few examples given in Table A.3.A.2.1.3.2The risk matrix is developed by using the simple formula:risk = likelihood x severitywhere, in the examples shown in Table A.1 and Table A.3, the likelihood of an accident occurring has the values:1. Highly unlikely to occur