Discuss the differences between the terms hazard and risk

Discuss the differences between the terms hazard and risk

Discuss the differences between the terms hazard, risk, residual risk, and acceptable risk. What level of risk do you believe constitutes an acceptable risk for machine guarding? Provide a least one example of machine guarding that you believe illustrates the proper use of machine guards to reduce risk of injury to an acceptable level.

Question 2

Summarize the fundamental steps in the risk assessment and reduction process. How would you recommend establishing the level of acceptable risk? What steps would you take to make sure you identified all the hazards associated with a piece of equipment in a workplace?