Bruce K. Lyon - Risk Assessment: A Practical Guide to Assessing Operational Risks

1. Chapter 3
2. Chapter 4
3. Chapter 5
4. Chapter 7
5. Chapter 8
6. Chapter 10
7. Chapter 11
8. Chapter 12
9. Chapter 13
10. Chapter 14
11. Chapter 15
12. Chapter 16
13. Chapter 17
14. Chapter 18

1. Chapter 1
2. Chapter 2
3. Chapter 3
4. Chapter 4
5. Chapter 5
6. Chapter 6
7. Chapter 7
8. Chapter 8
9. Chapter 9
10. Chapter 10
11. Chapter 11
12. Chapter 12
13. Chapter 13
14. Chapter 14
15. Chapter 15
16. Chapter 16
17. Chapter 17
18. Chapter 18
19. Chapter 19
20. Chapter 20

Second Edition

Georgi Popov

University of Central Missouri Warrensburg, MO USA

Bruce K. Lyon

Brown & Brown Kansas City, MO USA

Bruce Hollcroft

PayneWest Insurance, A Marsh & McLennan Agency LLC Company Spokane, WA USA

This edition first published 2022
2022 by John Wiley & Sons, Inc. All rights reserved.

Edition History
1st edition 2016

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, except as permitted by law. Advice on how to obtain permission to reuse material from this title is available at http://www.wiley.com/go/permissions.

The right of Georgi Popov, Bruce K. Lyon, and Bruce Hollcroft to be identified as the authors of this work has been asserted in accordance with law.

Registered Offices
John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, USA

Editorial Office
John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, USA

For details of our global editorial offices, customer services, and more information about Wiley products visit us at www.wiley.com.

Wiley also publishes its books in a variety of electronic formats and by printondemand. Some content that appears in standard print versions of this book may not be available in other formats.

Limit of Liability/Disclaimer of Warranty
In view of ongoing research, equipment modifications, changes in governmental regulations, and the constant flow of information relating to the use of experimental reagents, equipment, and devices, the reader is urged to review and evaluate the information provided in the package insert or instructions for each chemical, piece of equipment, reagent, or device for, among other things, any changes in the instructions or indication of usage and for added warnings and precautions. While the publisher and authors have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives, written sales materials or promotional statements for this work. This work is sold with the understanding that the publisher is not engaged in rendering professional services. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. The fact that an organization, website, or product is referred to in this work as a citation and/or potential source of further information does not mean that the publisher and authors endorse the information or services the organization, website, or product may provide or recommendations it may make. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor authors shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 7622974, outside the United States at (317) 5723993 or fax (317) 5724002.

Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic formats. For more information about Wiley products, visit our web site at www.wiley.com.

Library of Congress CataloginginPublication Data applied for:

ISBN: 9781119755920

Cover Design: Wiley
Cover Image: Courtesy of Bruce Lyon

Imagination is everything. It is the preview of life's coming attractions.

Albert Einstein < http://www.goodreads.com/author/show/9810.Albert_Einstein >

With the many titles of books on risk assessment that have been written, Fred Manuele recognized that there was a need for a fundamental guide for assessing operational risk. As a member of the Advisory Board to the Safety Sciences Program at the University of Central Missouri (UCM), Mr. Manuele challenged Dr. Georgi Popov at UCM, Bruce Lyon and Bruce Hollcroft who previously worked for Manuele to write such a text. Dr. Popov teaches occupational risk assessment, and like Lyon and Hollcroft, performs numerous risk assessments, simple to complex, for a wide range of industries. The challenge was accepted.

This second edition of Risk Assessment: A Practical Guide to Assessing Operational Risks provides the fundamentals on risk assessment, with many practical applications, for undergraduate and graduate students and employed safety, health, and environmental professionals who recognize that they are expected to have risk assessment capabilities.

This book fills a void. In recent years, risk assessment has been given more prominence as an element in operational risk management systems. This text serves the needs of professors at a university level who recognize that their students have knowledge and capability with respect to risk assessment, while addressing seven of the ABET criteria for safety programs. In addition, the book serves as a primer for employed safety professionals who need a practical guide on various risk assessment techniques.

The authors envisioned a new format for this book; one which includes interactive exercises, links, videos, and supplemental risk assessment tools. The content of this book has been significantly impacted by events that have occurred that give greater prominence to risk assessment. Some of these include:

1. In 1995, the National Safety Council created an entity known as the Institute for Safety through Design. The core of safety through design is hazard identification and analysis and risk assessment.
2. In 2006, the National Institute for Occupational Safety and Health (NIOSH) began consideration of what became a major initiative on Prevention through Design (PtD). The intent of the initiative was to encourage organizations to have processes in place to address occupational hazards and risks in the design and redesign processes. Doing so requires making risk assessments as a continuum as the design process moves forward.