IHMM CSMP study materials
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IHMM CSMP: Risk assessment

IHMM CSMP · Work through your exam, one topic at a time.

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Risk assessment

Risk assessment questions test whether you can separate hazard from risk, choose a method that fits the decision, and show that controls reduce risk to a tolerable level. The exam favors structured reasoning over a single risk number.

Core rules and concepts

  • A hazard is a source of harm; risk combines likelihood and severity for a specified exposure scenario.
  • Qualitative matrices support screening; HAZOP, FMEA, LOPA, and fault-tree analysis suit more complex systems.
  • ALARP and risk tolerance criteria require documented acceptance decisions, not just a score.
  • Reassess residual risk after controls; verify that the control actually works and does not create a new hazard.
  • Risk registers need owners, dates, and review triggers.

Worked example

A task is scored on a 5×5 matrix: likelihood 4 (likely) and severity 3 (serious injury) gives 12, in the high-risk band. An engineering guard reduces likelihood to 2, producing 6, in the medium band. The team documents the residual risk as tolerable with the guard, inspection, and lockout/tagout in place, and sets a review date. If the guard is bypassed for maintenance, the original score returns; that is why bypass control is part of the assessment.

Traps that cost marks

Calling a hazard a risk ('the grinder is high risk') without stating exposure and consequence. Treating a matrix score as precise arithmetic. Accepting a low residual score without evidence. Selecting administrative controls when elimination is feasible.