2026

Why Risk Assessment is Important?

Risk Assessment Singapore

It is used to identify any hazard or risk that could possibly cause harm to fellow colleagues or even your clients/participants in an event or even identifying any financial risk in performing certain business functions.

Risk Assessment can allow you to carefully analyze, evaluate to mitigate or eliminate any potential risk awaiting to happen.
So, Why is Risk assessment important? Risk assessment is an important aspect to many businesses as it form an integral part of an occupation health and safety management plan. it help your employees create awareness and identify personnel who and what (e.g. assets) may be at risk. where businesses can then determine if a control plan or measures would be adequate enough to prevent them from occurring.

 

Recent Case Study

Recently on 28th October 2020, a large ceiling fan at 21 street eating house at Tampines spun out of control after hitting a ladder, causing injuries to patrons. A picture of a man applying pressure to his head with tissue paper was also circulated on social media. In the next photo, we can also see that 2 of the 6 fan blades were missing from the fan. As a result of this, the signboard on the stall located near the fan was also damaged and have since been remove from the stall, other debris around the fan was also chipped off in the event.

 

As of 29 October 2020, the fan has been completely removed, witnesses mentioned that after the fan maintenance was done, the ladder was still in an upright position stationed near the fan when the fan is turned on. According to a Risk Assessment Singapore review, At some point in time, the ladder was closed and it tipped off in the direction of the fan causing it to spin out of control.

 

The importance of Risk Assessment Singapore can be portrayed in this instance. where the coffee shop/maintenance personnel could have assessed the risk of performing maintenance during peak dinner service hour, which could have prevented this disaster and the injury of the patrons.

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If they have done a risk assessment prior to this, they could have identified the risk and prevented it from happening by turning off the fan before moving the ladder, performing the action of maintenance, or moving the ladder after service hours or at a time where there would be lesser patrons.
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Frequently Asked Questions

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1

Risk assessment is defined as the process of recognizing potential hazards in the workplace, analyzing the risks that are presented by those hazards, and deciding how best to remove or control those risks to an acceptable level.

2

In Singapore, risk assessment is important to ensure a safe working environment, to comply with the Workplace Safety and Health (WSH) Act, and to protect workers against suffering harm as a result of a workplace hazard. Risk assessment can further protect businesses from suffering costly accidents, legal liabilities, and disruptions to business activities.

3

General steps are: 

– Identify hazards 

– Evaluate the risks 

– Decide on the control measures 

– Implement those control measures 

– Document your findings 

– Regularly review and revise the assessment 

These steps are in line with the Ministry of Manpower (MOM)’s Code of Practice for WSH Risk Management.

4

Types include:

– General workplace risk assessment 

– Task-based risk assessment 

– Process risk assessment 

– Chemical risk assessment 

– Fire risk assessment 

– Ergonomic risk assessment

5

Trained people, such as WSH Officers, supervisors, members of the safety committee, or outside consultants should carry out risk assessments. In high-risk sectors, having a qualified professional may be a legal requirement.

6

Usually, a report has:

Complete description of the workplace/task being assessed

All identified hazards and potential injuries

Risk evaluation (likelihood vs. severity)

Existing and recommended control measures to reduce the risk

Who is responsible and when they must be completed

Review dates

7

MOM recommends that risk assessments must be reviewed as a minimum every three years, but also must be done when any incident occurs, after any changes in processes, or anytime new equipment or substances are brought into the workplace.

8

The WSH Act requires that all employers, principals, and self-employed persons carry out risk assessments prior to commencing work, and ensure control measures are implemented to control the risk. The assessments must be recorded and reviewed in reasonable intervals.

9

Risk assessments have the capacity to help identify hazards quickly, help prevent incidents, help to advance a culture of safety, ensure the business remains compliant with the law, and helps the business make informed choices around safety.

10

High-risk industries such as construction, marine, manufacturing, logistics, chemical processing, and F&B are required to conduct regular assessments. Low-risk industries like retail or offices are still required to conduct basic risk assessments.

11

The common techniques are as follows:

Risk matrices (likelihood × severity)

Hazard identification (HAZID)

Job Safety Analysis (JSA)

Failure Mode and Effects Analysis (FMEA)

SWIFT (Structured What-If Technique

12

They are experienced in hazard identification, legislative and regulatory compliance, documentation, and writing control measures. Risk assessment consultants help businesses comply with MOM guidelines and they often help to reduce the time taken to complete the risk assessment.

13

You can search for accredited safety consultancy firms, or find the bizSAFE directory, or MOM’s approved training providers, or reach out to industry associations like SISO (Singapore Institution of Safety Officers).

14

Risk assessment is a component of the overall risk management process. Risk assessment identifies and evaluates hazards whereas risk management encompasses control measures, monitoring effectiveness, training, and continual safety improvement.

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