Consequence side of the risk equation is normally managed by
Consequence side of the risk equation is normally managed by
The consequence side of the risk equation is typically managed by both process safety personnel and management, as they both play crucial roles in identifying, evaluating, and mitigating risks. Process safety personnel are responsible for conducting risk assessments and implementing safety measures, while management is responsible for overseeing these activities and making strategic decisions to ensure safety protocols are followed.
based on 10.1.1: On the other hand, management and process safety personnel may desire to manage the consequence side of the risk equation