Perhaps an obvious Golden Rule for Risk Assessments, but too often overlooked.
In this article I want to share with you my Golden Rule when it comes to doing risk assessments. I suspect it’s one that many folks use and nothing new. Without getting into the details of defining risk and hazards, let’s just with defining “risk assessment”. ISO 31000 defines risk assessment as:
Overall process of risk identification, risk analysis and risk evaluation
People are involved with all 3 descriptors.
Presumptions & Assumptions
- When we presume, we have some ideas of probability and some evidence which supports that presumption.
- When we assume we have really no reason or evidence it’s just an assumption.
When you assume, you make an ass out of you and me.