Laserfiche WebLink
MAR COS <br /> City of San Marcos <br /> Agency <br /> �IFIIGUIRIE SAIE'IE 11Y IIRIISIK AsslEmss lEmImir MA111RIX <br /> RISK ASSESSMENT MATRIX <br /> SEVERITY Catastrophic Critical Marginal Negligible <br /> LIKELIHOOD 0) <br /> Frequent(A) Medium <br /> Probable O i ,� ����������� �� Medium Medium <br /> Occasional(C) Medium Medium <br /> Remote(M3) Medium <br /> Improbable(E) Medium <br /> Although the current version of the matrix relies heavily on the examples and samples that are listed on <br /> the PTASP Technical Assistance Center website, lessons learned from the implementation process during <br /> the coming years will be used to customize the matrix that the City will use to address the unique transit <br /> operating realities and transit leadership guidance. <br /> The Risk Assessment Matrix is an important tool. If a risk is assessed and falls within one of the red <br /> zones, the risk is determined to be unacceptable under existing circumstances.This determination <br /> means that management must take action to mitigate the situation.This is the point in the process <br /> when transit SRMs are developed. If the risk is assessed and falls within one of the yellow zones, the risk <br /> is determined to be acceptable, but monitoring is necessary. If the risk falls within one of the green <br /> zones, the risk is acceptable under the existing circumstances. <br /> Once a hazard's likelihood and severity have been assessed, the CSO, in consultation with the service <br /> provider, enters the hazard assessment into the Risk Register that is used to document the individual <br /> hazard and the type of risk it represents.This information is used to move to the next step,which is <br /> hazard mitigation. <br /> ",<< l r,,,,`Iy Il.ii c,lk IY/r fl ii gdIt ii o ii„,°o 6 D 12 5(d) <br /> Upon completion of the risk assessment, the CSO, in consultation with the service provider, continues <br /> populating the Risk Register by identifying mitigations or strategies necessary to reduce the likelihood <br /> and/or severity of the consequences.The goal of this step is to avoid or eliminate the hazard or,when <br /> elimination is not likely or feasible, to reduce the assessed risk rating to an acceptable level (Figure 7). <br /> However, mitigations do not typically eliminate the risk entirely. <br />