This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is cost/benefit analysis such a critical part of hazard analysis and prevention? What will be ... (Read 124 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jul 26, 2018
Why is cost/benefit analysis such a critical part of hazard analysis and prevention?
 
  What will be an ideal response?

Question 2

What is the purpose of preliminary hazard analysis?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 26, 2018
Answer to Question 1

Typically every hazard has several different remedies. Every remedy has a corresponding cost and corresponding benefit. Management is not likely to want to apply 10 solutions to 1 problems. Therefore, it is important to factor in cost when recommending corrective action regarding hazards. This amounts to listing all of the potential remedies along with their respective costs and then estimating the extent to which each will reduce the hazard (its benefit).

Answer to Question 2

A preliminary hazard analysis (PHA) is conducted to identify potential hazards and prioritize them according to the 1) likelihood of an accident or injury being caused by the hazard; and 2) severity of injury, illness, and /or property damage that could result if the hazard caused an accident.


fahad

  • Member
  • Posts: 570
Reply 2 on: Jul 26, 2018
Thanks for the timely response, appreciate it

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

A) Male body louse. (Courtesy of the Centers for Disease Control and Prevention/Frank Collins, Ph.D. ... A) Male body louse. (Courtesy of the Centers for Disease Control and Prevention/Frank Collins, Ph.D. ...
Tumor marker analysis of a patient undergoing therapy, who (1) after surgery had residual disease ... Tumor marker analysis of a patient undergoing therapy, who (1) after surgery had residual disease ...
Reference points for posture analysis. Reference points for posture analysis.
How to solve equations that contain cosine using special triangles (Part 1) How to solve equations that contain cosine using special triangles (Part 1)
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
Modern Systems Analysis and Design (4th Edition) Modern Systems Analysis and Design (4th Edition)
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library