Risk Management Overview

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The Risk Management application in Serenity empowers EHS teams to move beyond reactive safety management—toward proactive, data-driven risk prevention. While the Incident Management application helps capture events after they occur and the Inspection & Audit module supports periodic compliance verification, the Risk Management application focuses on anticipating and mitigating potential hazards before they lead to incidents.

This application provides a structured framework to help teams:

  • Identify safety hazards in jobs, processes, equipment, or environments

  • Assess inherent and residual risks using configurable severity and likelihood scales

  • Define and evaluate existing controls

  • Assign and track actions to implement or strengthen those controls

By centralizing risk identification and control planning, EHS leaders can better allocate resources, communicate risk priorities, and demonstrate due diligence in compliance and prevention.

Common Use Cases

The Risk Management application supports a wide range of assessment types, including:

  • Job Hazard Assessments (JHAs) – Evaluate risks associated with specific tasks or job functions before work begins.

  • Process Risk Assessments (PRAs) – Identify potential failure modes, exposures, or chemical interactions within operational or maintenance processes.

  • Machine and Equipment Risk Assessments – Analyze risks associated with specific tools, machines, or systems and ensure appropriate guarding and lockout/tagout (LOTO) controls.

  • Facility or Area Risk Assessments – Assess physical spaces, utilities, and environmental conditions to prevent slips, trips, exposures, and ergonomic risks.

Why It Matters

Effective risk management bridges the gap between compliance and prevention. With Serenity, teams can:

  • Maintain a centralized risk register that evolves with operations

  • Quantify risk consistently across sites and business units

  • Integrate findings into corrective and preventive action workflows

  • Track progress from hazard identification to verified control implementation

Whether conducting a one-time risk study or managing a recurring hazard review program, the Serenity Risk Management application helps your organization strengthen its safety culture, reduce incident potential, and build confidence in every operation.