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Tag: Risk classification

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What are the 5 levels of risk rating? A Comprehensive Health and Safety Guide

5 min read
Across various industries, particularly in health and safety, a standardized risk assessment framework is critical for prioritizing threats and managing potential hazards. Understanding **what are the 5 levels of risk rating** is essential for anyone involved in risk management, as it provides a structured method to evaluate potential negative outcomes and allocate resources effectively. This guide breaks down the common five-point scale used to assess and categorize risks, from the insignificant to the catastrophic.