Risk Matrix Severity Insignificant Moderate – first aid and/or medical treatment Major – Extensive Injuries Catastrophic – Fatalities, High Extreme Extreme Likelihood Highly Likely • • • • • • Moderate Likely Low Moderate High Extreme Moderate Low Moderate Moderate High Unlikely Very Low Low Moderate Moderate Highly Unlikely Very Low Very Low Low Moderate This simple table is designed to assist you in making decisions around the hazards in your workplace. It works simply by matching the likelihood of the injury (left hand column) with the potential consequence (right hand column) then meeting on the area of risk. Severity and Likelihood descriptions are found on page 2 and 3 Once you’ve ranked your risks, you MUST make a risk response plan to prevent or address those that are “high” or “extreme.” You must ensure the risk rating is between moderate and very low and the controls in place before you begin. You may not need to respond to risks ranked “low” or “medium” before work begins This should be used in conjunction with the following supporting documents: Risk Management guide and Understanding the Risk Matrix