Risk Management

Becoming a sustainable farm, requires a good risk management program.  The process doesn’t have to be complicated.  It can be as simple as asking “what if,” using checklists, a group discussion, or a job analysis.  To conduct a risk assessment, use the following steps:

  1. Choose a system or a component of a system to evaluate for risk.
  2. List the hazards associated with the system or component of the system.
  3. Determine the likelihood of an incident of injury.
  4. Determine the consequences of an incident or injury.
  5. Identify the risk level using your risk assessment matrix.
  6. Recommend corrective actions or controls to reduce the risk to acceptable levels.
  7. Identify the residual risk or level of risk that remains after the control measures have been put into place.

Do you have and use a risk assessment tool?  If not, use this resource as a guide.