Why is it essential to consider both probability and severity in hazard assessments?

Considering both probability and severity in hazard assessments is crucial for effectively managing risks associated with explosive safety. By evaluating the likelihood of an event occurring (probability) and the potential consequences (severity), safety professionals can better understand the overall risk involved. This dual perspective allows for a clear prioritization of safety measures based on where the greatest risks lie.

For instance, if an event has a high probability of occurring but a low severity, it may require different controls compared to an event with low probability but high severity. This prioritization helps ensure that resources are allocated effectively to address the most pressing risks, thereby enhancing overall safety and compliance within operations. Ultimately, this methodical approach aids in creating a safer environment by implementing targeted measures where they are most needed.