Document Type

Article

Publication Date

Summer 6-2024

Abstract

Key Takeaways:

- Risk assessment matrixes provide a measurement-like tool for characterizing hazard risk by accounting for severity and likelihood. The best matrix format depends on the needs of the organization.

- The many differences between risk matrixes are due to seven attributes: fundamental elements, orientation, size, axes scales, row and column header terms, risk indicators, and cell colors.

- This article focuses on the two-factor model of risk as a function of severity and likelihood. It was developed with the aim of sharing with the occupational safety community an appreciation for risk assessment matrixes beyond what is typically found in books and articles.

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