Hazard analysis is used in order to assess the possibility (or possible sources) of failure or harm that can result from any process, system, procedure or product. Hazard analysis can also be referred to as risk assessment analysis or safety analysis. These could fall under the category of hazardous, major or minor hazards, and the likelihood of occurrence could range from probable to extremely improbable.
Hazard analysis is definitely a very important part of any business. It enables a business to eliminate factors that could lead to mistakes and to optimize measures to ensure the highest possibility of success. A hazard analysis could give rise to hazard management plans that ensure cost-effectiveness and maximum efficiency.
That being said, what are some of the software and tools used in hazard analysis?
- Hazard Assessment Form. One of the simplest and most basic tools you can use is a hazard assessment form. Having one of these forms on hand while inspecting for possible hazards could guide you in determining the specific factors you need to monitor. To assess for a job or workplace hazard, for example, the form could ask for the required steps to complete a particular task, the tools used and the possible accidents that could occur. Zeroing in on the pertinent factors that could give rise to risks can aid in conceptualizing the steps needed to prevent those risks.
- Commercial and Standard-Based Software. There are several kinds of commercial softwares used in hazard analysis. Some examples include ACSM/ SAR (by Sun), STRIDE (by Microsoft) and CRAMM (by Insight). Different kinds of standard-based software are also available, including ASSET (by the US National Institute of Standards and Technology) and OCTAVE (by the Software Engineering Institute). These products usually have after-sales support in case you have questions on use and maintenance. To look for and obtain information on how to purchase and download these programs, search for the individual websites of the manufacturers.
These software programs can calculate financial loss and provide risk ratings (threat, impact and probability), among other tasks, for a business. In order to input values for risk calculation, various formulas are needed. The input values are in fact mostly expectancies and assumptions based on current industry standards or previous experience. Using these programs would require an understanding of the current business situation as well as some level of knowledge on programming, software components and frameworks.
- Guidelines and Material from OSHA. The Occupational Safety and Health Administration focuses on preventing workplace hazards. They provide proper safety guidelines and measures for every type of work. OSHA guidelines address risks such as the possibility of a chemical hazard or an injury or accident. Employers should make sure everyone at work is well briefed on these guidelines.
There you have it! These are just some of the tools and software programs involved in risk analysis. Using these tools and programs can provide for a higher rate of success and security for businesses and processes, while offering peace of mind that possible risks are being thoroughly examined and addressed.