A Hazard Identification Study is the process of identifying hazards in order to plan for, avoid, or mitigate their impacts and is the first stage of the risk assessment process. To ensure the process is efficient and will deliver the desired outcome it is critical that the scope, boundaries, key stakeholders, risk matrices and any event trends are identified prior to the facilitated hazard identification session being undertaken.
The purpose of a HAZID session is to identify all hazards associated with the business activities therefore the functional and operational areas of the business should be identified and broken down within the risk assessment template and separate assessment sessions should be completed. This will ensure the process is efficient and effective and will involve relevant stakeholders who can actively contribute value.
The output of a successful HAZID session is a comprehensive report which outlines the key hazards associated with all business activities.A USSA Global Risk Consultant will be happy to speak with you regarding the benefits of conducting a HAZID Risk Analysis within your organisation.