What is initial risk in SAP EHS-MGM - SAP EHS Management?

SAP Term: initial risk

• Component: EHS-MGM

• Component Name: SAP EHS Management

• Description: The existing risk identified prior to risk treatment. The initial risk level is determined by considering existing controls.

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• Key Concepts: 
  Initial risk is a concept used in SAP EHS Management to identify and assess potential risks associated with a particular process or activity. It is used to determine the likelihood of an incident occurring and the potential severity of the consequences. Initial risk is calculated by taking into account the probability of an incident occurring, the severity of the consequences, and the likelihood of successful mitigation measures being implemented. 
  
  How to use it: 
  Initial risk can be used to identify potential risks associated with a process or activity. It can be used to assess the likelihood of an incident occurring and the potential severity of the consequences. This information can then be used to develop appropriate mitigation measures and strategies to reduce or eliminate the risk. 
  
  Tips & Tricks: 
  When assessing initial risk, it is important to consider all potential risks associated with a process or activity, not just those that are immediately apparent. Additionally, it is important to consider both the probability of an incident occurring and the severity of its consequences when calculating initial risk. 
  
  Related Information: 
  For more information on initial risk and how it is used in SAP EHS Management, please refer to SAP's official documentation on EHS-MGM Risk Management.