Hazard Risk Definition

Hazard and Risk:

Hazard

According to the environmental safety literature, ‘hazard’ refers to the potential for harm in real-life. Hazards are materials methods or action that may cause damage as well as demolition to staff, equipment, facilities and/or the environment. Hazard can also be described as the potential of a substance, person, activity or process to result in harm. To round up, hazard is the intrinsic property or ability of something leading harm, the possibility to disturb or interfere with a procedure or person. An accident happen that may causally introduce hazard, by itself or occur with other variables. Moreover, the mutual interaction or influence of different constituents to may also leading to hazard. For example: water

It is also a loss to property, plant, materials or the environment or a damage of a business chance. All the direct consequences of dangerous activities and circumstances can be avoid by management are also accidents. The formula of accident is incident plus its results, hence accident is the end product of a sequence of things or activities causing an unwanted outcome. Furthermore, an accident is an undesired affair that can cause physical harm and/or property loss, always resulting from in touch with a source of energy above the capability of the body of structure to endure it. Whereas, accident cause major loss concerning human dead or property are often called ‘major accidents’, they are usually associated with major hazards or installations. An example of major accident is leakage of radioactive chemicals which cause gene mutation to humans leading some gene related diseases such as cancer. Radioactive chemicals are strongly influential to fetus when their body structures are forming, it harm the gene causing a permanent damage or malfunction to the body structure of

If an incident does not pose an observable negative effect on the risk perspective, it is called ‘near-miss’. A fortunate break in the chain of events can solely avoided an injury, fatality or damage. It can also be described as any incident which under slightly different circumstances, may have possibility to injury health of people, or damage or loss to property, plant, materials or the environment or a loss of business opportunity. For instance, a person dropping a flowerpot from a height that just missed a person standing underneath while irrigating, would be classified as a “near-miss”. As the incident did not cause any injury to a person but under slightly different circumstances – if the person standing nearer to the contact point the person may have been