IOSH Managing Safely Practice Test

In risk likelihood assessment, which rating corresponds to "very likely"?

1. 1

2. 2

3. 4

4. 5

The correct answer is: 5

The rating that corresponds to "very likely" in a risk likelihood assessment is typically assigned a high score, reflecting the probability of a risk occurring. In many risk assessment frameworks, a rating of 5 signifies that an event is expected to occur frequently, suggesting a high level of certainty about its likelihood. This rating is crucial for prioritizing risks within an organization. By categorizing a risk as "very likely," it alerts teams to the necessity for immediate attention, resource allocation, and appropriate mitigation strategies to manage the risk effectively. Organizations often use a scale where higher numbers indicate a greater likelihood of occurrence, aligning with the principle that more likely events should be dealt with more urgently to minimize their impact on health and safety. The other ratings correspond to varying levels of likelihood, with lower scores indicating less frequent likelihoods, but none convey the level of certainty and urgency captured by the rating "very likely."