What is 'residual risk' in SAP EHS-MGM - SAP EHS Management?

residual risk - Overview

• Component: EHS-MGM

• Component Name: SAP EHS Management

• Description: The identified or unidentified risk remaining after implementing the risk treatment measures.

residual risk - Details

• 
  Key Concepts: 
  Residual risk is a term used in SAP EHS Management to refer to the risk that remains after all preventive measures have been taken. It is the risk that is still present even after all safety measures have been implemented. 
  
  How to use it: 
  In SAP EHS Management, residual risk is used to assess the effectiveness of safety measures. It is calculated by subtracting the risk before preventive measures were taken from the risk after preventive measures were taken. This calculation helps to determine if additional safety measures are needed. 
  
  Tips & Tricks: 
  When calculating residual risk, it is important to consider all potential risks and not just those that are immediately visible. This will help ensure that all potential risks are accounted for and that appropriate safety measures are implemented. 
  
  Related Information: 
  SAP EHS Management also includes other terms related to risk management such as hazard identification, risk assessment, and control measures. Understanding these terms and how they relate to each other can help ensure that all risks are properly managed and that appropriate safety measures are implemented.