This document provides an overview of risk control in an organizational context. It defines risk control as a technique that utilizes risk assessments to evaluate potential losses and take action to reduce or eliminate threats. Some key points discussed include:
- Examples of common risk control methods are inspection, maintenance, testing, automation, and systems implementation.
- General principles of prevention and control involve avoiding risk, evaluating unavoidable risks, combating risks at their source, and adapting work to individuals.
- Factors that affect the choice of control measures include cost, effectiveness, legal standards, and personnel competence.
- The importance of risk control is that it provides a safety net by identifying and reducing organizational risks, identifies at-risk
This document provides an overview of risk control in an organizational context. It defines risk control as a technique that utilizes risk assessments to evaluate potential losses and take action to reduce or eliminate threats. Some key points discussed include:
- Examples of common risk control methods are inspection, maintenance, testing, automation, and systems implementation.
- General principles of prevention and control involve avoiding risk, evaluating unavoidable risks, combating risks at their source, and adapting work to individuals.
- Factors that affect the choice of control measures include cost, effectiveness, legal standards, and personnel competence.
- The importance of risk control is that it provides a safety net by identifying and reducing organizational risks, identifies at-risk
This document provides an overview of risk control in an organizational context. It defines risk control as a technique that utilizes risk assessments to evaluate potential losses and take action to reduce or eliminate threats. Some key points discussed include:
- Examples of common risk control methods are inspection, maintenance, testing, automation, and systems implementation.
- General principles of prevention and control involve avoiding risk, evaluating unavoidable risks, combating risks at their source, and adapting work to individuals.
- Factors that affect the choice of control measures include cost, effectiveness, legal standards, and personnel competence.
- The importance of risk control is that it provides a safety net by identifying and reducing organizational risks, identifies at-risk
This document provides an overview of risk control in an organizational context. It defines risk control as a technique that utilizes risk assessments to evaluate potential losses and take action to reduce or eliminate threats. Some key points discussed include:
- Examples of common risk control methods are inspection, maintenance, testing, automation, and systems implementation.
- General principles of prevention and control involve avoiding risk, evaluating unavoidable risks, combating risks at their source, and adapting work to individuals.
- Factors that affect the choice of control measures include cost, effectiveness, legal standards, and personnel competence.
- The importance of risk control is that it provides a safety net by identifying and reducing organizational risks, identifies at-risk
Download as PPTX, PDF, TXT or read online from Scribd
Download as pptx, pdf, or txt
You are on page 1of 19
Module XI:
Risk Control LCM Define risk control and explain it works in the organizational risk.
Give and explain the example of risk
Course control method.
Objectives Discuss the general principle of control and prevention.
Explain factor affecting choice of
control. • technique that utilizes findings from risk assessments Risk • Evaluate potential losses and Control take action to reduce or eliminate such threats How Risk Control Works? How Risk Control Works? How Risk Control Works? Inspection-Regular inspection reduced the infrastructure risk. Maintenance- regular maintenance specially the equipment on operations. Example of Testing-Testing fire at facility to Risk Control reduced risk in damaging fire. Automation- security information. System-reduced safety transportation safety risk. Physical-Implementation of controls Engineering Controls Audits Example of Backup for data control risk Risk Control Policy enforcement Communications Training Change Management Planning Avoiding Risk Evaluating the risk which cannot be avoided General Combating risk at source Principle of (Point of generation) Prevention and Adapting the work to the Control individual (design of workplace, choice of equipment, choice of working and production methods) Adapting to technical progress. REPLACING the dangerous with the non-dangerous or the General less dangerous. Principle of Developing coherent overall Prevention and policy. Control Giving appropriate instructions to workers. Categories of • Technical Control • Procedural Measures • Behavioral Categories of • Technical Control • Procedural Measures • Behavioral • Long/Short Term • Applicability Factors • Cost Affecting • Effectiveness of Controls Choice of • Legal requirements and Control Measures standards • Competence of personnel and training needs • They provide a sort of Importance of safety net by identifying, Risk Control controlling and reducing the risks present in an organization. • identifying at-risk Importance of employees Risk Control
• knowing what factors they
are exposed to • Check the efficiency of the Importance of methods applied to control Risk Control
• help take care of legal
obligations Workshop
• Conduct a Risk Assessment and Risk Control on the
given workplace on the photo. • Used the DOLE-OSHC Approved Form for HIRAC. Workshop Maraming Salamat Po
Foundational Theories and Techniques for Risk Management, A Guide for Professional Risk Managers in Financial Services - Part II - Financial Instruments