Categories in which risk is assessed

Risk Chem 4860 Name_________________________________

1. What are the two main categories in which risk is assessed on
   a risk matrix?(1 point)
2. Which are the categories for level of risk? Name all of
   these. (1 point)
3. What is the risk involved for an incident where the impact
   is major and the likelihood is possible? (1 point)
4. What is the risk involved for an incident where the impact
   is major and the likelihood is almost certain? (1 point)
5. What is the risk involved for an incident where the impact
   is major and the likelihood is possible? (1 point)
6. Describe in detail a risk assessment for running a batch
   chemical reactor for a highly flammable and corrosive product.
   Use all five steps of risk assessment. Describe the worst case
   scenario and use the risk rating matrix to describe the level of
   risk.

Sample Solution