Assignment 9: Risk Assessment

ASSIGNMENT DESCRIPTION Complete the first part of the assignment before going on to the second part. Part 1. Imagine a specific workplace. (Oil and Gas !ecide how great the mean time between fatalities wo"ld ha#e to be for $o" to consider it a safe workplace. In $o"r specific work place% ass"me the si&e of the workforce. 'sing the mean time between fatalities that represents a tolerable rate and the si&e of the workforce% calc"late the tolerable fatalit$ rate implied b$ those two ass"mptions. ()press tolerable risk in terms of fatalities per *++ million ho"rs worked Ans: Fatality considered safe per 1000 years : 5 (maximum) Company: Oil Company Size of Wor force: !00 (5 fatality " 1000 years) # (1 year # !00 F$%S) # (1 F$%S # !0&0 'ours) 1( fatalities per !00million 'ours Part *. Consider the fatalit$ rates e)perienced in the '.,. workplace. ,elect a tolerable fatalit$ rate for $o"r imagined workplace. 'sing the same n"mber of emplo$ees% calc"late the mean time between fatalities. Allocate (in - the tolerable fatalit$ rate% which is $o"r risk b"dget% o#er the si) ma.or categories of workplace fatalities tracked b$ the /"rea" of 0abor ,tatistics: 1ransportation 2iolent Acts 3alls Contact with ob.ects 3ires and e)plosions ()pos"re to harmf"l s"bstances or en#ironments SUBJECT MATERIAL Information on in."r$% illness% and fatalit$ rates can be fo"nd at the /"rea" of 0abor ,tatistics website at http:44www.bls.go#4iif4 .

5e# C% **6A"g6*+11

Page 1 of 1