PowerPoint Presentation

[Audio] Environmental Health & Safety Workplace & Enterprise Risk Management Systematic hazard identification, Evaluation, Resource prioritization and organizational risk control. By Group 01: Department of Electrical Engineering UET Lahore.

[Audio] Core Process The Four Stage Risk Management Cycle Economical resource application minimizes unfortunate events across industrial operations. STEP 01 STEP 02 STEP 03 STEP 04 Identification Evaluation Prioritization Control Uncover operational workplace threats. Measure event probability levels. Deploy targeted safety resources. Rank high loss hazards first..

[Audio] Threat Origins Primary Sources of Workplace Risk Lifecycle Failures: Design defects across production phases. Workplace Accidents: Machinery hazards requiring strict P-P-E-. Legal Liabilities: Criminal prosecution for safety breaches. External Instabilities: Market shifts or natural disasters. Adversary Attacks: Deliberate security threats or sabotage..

[Audio] Evolution & Standards Historical Evolution & Global Frameworks 1920's–1950's P-M-I nist ISO 45001 Iso Guide 31073:2022 Scientific Origins Global Institutions Standard Vocabulary Formal management science since 1950's. Establishes international safety management benchmarks. Clarifies global risk management terminology..

[Audio] Prioritization Analytics Risk Prioritization: Probability against Impact Loss Greatest loss events demand immediate action; intermediate trade offs often cause resource mishandling..

[Audio] Event Classification Response Strategies: Threats against Opportunities Action Dimension Negative Events (Threats) Positive Events (Opportunities) E-H-S Workplace Example Elimination / Capture Avoid Threat Exploit Benefit Replace toxic chemical process Probability Modification Reduce Impact Enhance Gains Enforce mandatory worker P-P-E Third Party Allocation Transfer Liability Share upside Insure fixed factory assets Internal Absorption Retain Consequences Accept Outcome Budget minor maintenance reserves.

[Audio] Sector Applications Multidisciplinary Risk Management Contexts Definitions adapt across engineering sectors; standards must deliver measurable risk reduction. Public Health & Safety Engineering Projects Industrial Processes Financial & Actuarial Machinery safety under ISO 12100. Insurance liability portfolio assessment. Occupational hygiene hazard prevention. Design lifecycle failure mitigation..

[Audio] Professional Roles Decision Workflow: Risk Analyst against Risk Manager Risk Analyst (Technical) Risk Manager (Executive) Oversees corporate insurance programs. Compiles quantitative hazard data. Evaluates technical risk metrics. Safeguards reputation and safety. Mitigates negative financial outcomes. Delivers analytical insights upward..

[Audio] Global Ehs Risk Impact Ilo Safework Data Why Risk Control Matters: Global I-L-O Figures Unmanaged occupational hazards inflict severe human loss across 187 I-L-O Member States. 4% G-D-P 2.75M 350K 270M Annual work related deaths Fatal workplace accidents Yearly workplace accidents Global economic output lost.

[Audio] Financial Risk Transfer Direct Vs. Indirect Costs The Accident Cost Iceberg: Insured against Uninsured Insured Costs (Risk Transfer) Insured To Uninsured Ratio Covers fire damage plus worker medical compensation. £1 : £36 Uninsured & Indirect Costs (Retained) Uninsured losses reach 8x to 36x insured payouts. Includes lost materials plus criminal fines..

[Audio] Operational Risk Control Governance Architecture Institutionalizing Risk Control Across Operations Ilo C-1-5-5 Vs. R164 Employer → Manager → Worker Select → Plan → Monitor Legal Standards Duty Hierarchy Contractor Control C155 sets goals; R-1-6-4 guides compliance. Employers provide safe systems; workers comply. Vet records then audit method statements..

[Audio] Summary Risk Management Proactive Risk Management Protects Lives & Enterprises Thank You!.