Risk Management Policy

Purpose. This policy sets out the levels of risk assessment used at Deepridge and when each must be applied, from a personal Take 5 to a formal broad brush risk assessment for a principal hazard.

1.Purpose

Risk management is the foundation of the safety management system. This policy defines the risk assessment tools, when each is required and who must approve the outcome, so that hazards are identified and controlled before work starts.

2.Levels of risk assessment

Deepridge uses four levels of risk assessment. Every task requires a Take 5 by the person doing it. Non-routine or high risk tasks require a job hazard analysis approved by the supervisor. New plant, processes or changes require a change management risk assessment. Principal hazards require a broad brush risk assessment led by a trained facilitator and approved by the site senior executive.

• Take 5: every task, every time, by the worker
• Job hazard analysis: non-routine or high risk tasks, approved by the supervisor
• Change management risk assessment: new or changed plant, process or people
• Broad brush risk assessment: principal hazards, approved by the site senior executive

3.Hierarchy of controls

Controls must be selected in the order of elimination, substitution, isolation, engineering, administration and personal protective equipment. A control that relies only on people following instructions is the last choice, and the reason for accepting it must be recorded.

4.Risk matrix

All risk assessments must use the Deepridge five by five risk matrix. Risks rated high or extreme must not proceed without controls that reduce the risk to medium or below, or without written acceptance by the General Manager Operations.

5.Records

Completed risk assessments must be filed against the task, plant or project and retained for seven years. Hazards identified must be entered in the hazard and incident register with the controls applied. Risk assessments will be reviewed when an incident occurs, when conditions change and at least every two years.