Wrapping your head around the concept of a risk assessment matrix can be tricky without an example to guide the way. An OHS risk assessment matrix is a part of any general risk assessment form and helps workers put a numerical value on the hazard and risk identification process. In previous articles we’ve already answered the question ‘what is a risk assessment matrix’ but to give you an even clearer picture here’s a risk assessment form example.
As you can see in this hazard risk analysis matrix, every consequence and the probability surrounding it are given a numerical value. When multiplied together they result in number that correlates with a certain level of risk. For example, a hazard risk assessment matrix with a value of 8 would be considered moderate while a value of 20 would be catastrophic and would require drastic risk management plans.