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Psychosocial risk management

Definition

Risk management involves thinking about what could happen if someone is exposed to a specific hazard and how likely it is to happen. Safe Work Australia outlines the 4-step process for risk management: identify the hazards; assess the associated risks; implement control measures to eliminate or minimise risk; regularly review control measures

Synonyms

  • Identify hazards
  • Assess impact of hazards
  • Control risks
  • Review outcomes
  • Four-step process
  • Risk management tools
  • Assess risks