What is a Risk Category?
Risk Categories organise potential risks in a way that helps organisations understand and manage them according to their type and source. A Category is a child of the Risk Area and is used to classify each Risk. Refer to the examples below:
Risk Area | Category | Risk |
WH&S | Plant & Vehicles | Loading dock accidents |
WH&S | Working from heights | Falling |
Financial | Loans | Bad debt |
Environmental | Noise Pollution | Controlled explosions |
Environmental | Air Pollution | Controlled explosions |
For the WH&S Risk Area the Category would be interchangeable with a ‘Hazard’
By categorising Risks, organisations can better identify, evaluate, and address the challenges that may impact their operations. This guide outlines the concept and application of Risk Categories within the broader framework of risk management.
You must at least have Risk R (Org or Site Level) or View all Risks permission to view the list of Risk Categories.
Risk RW (Org or Site Level) will allow you to add a new Category or edit and delete an existing Category
Refer to this Table (Accessing the Risk Register & Permissions overview | Understanding Permissions Overview) to better understand the Risk Register Permissions
How to create a Risk Category?
There are two ways or areas where you can add a New Risk Category. Follow the steps below:
I. Via the Category Tab
1. Log in to the system using your username and password.
2. Go to the Risk Register module. On the left sidebar, select Risk Register to access the risk management features.
3. Select Configuration > Category to view the current list of Risk Categories.
4. To create a new Risk Category, select Create New Category and enter details for the new Category. Enter a Name for the new Risk Category and choose an appropriate Risk Area from the options provided in the dropdown menu.
II. Via Adding a Risk
5. Another way to create a new Risk Category is when adding a new Risk. To do this, go to the Risk Register from the left menu and select + Add Risk.
6. Select an appropriate Risk Area from the dropdown menu options. Enter a Name for the new Risk Category and click + Add new Category to complete the process. The new Risk Category will be automatically added once the action is completed.
How to Modify an Existing Risk Category?
7. In the Category tab from the left menu, type the name of the Category you're looking for into the search bar above the table.
8. If you need to make changes, select the Category then hit the Actions dropdown button to edit/update details or delete the Category.
