Quantifying the probability of an incident occurring involves a systematic evaluation process. This process typically includes identifying potential hazards, analyzing the likelihood of those hazards resulting in an accident, and assessing the potential consequences should an accident occur. For example, assessing the chance of a car collision involves considering factors such as driver behavior, road conditions, and vehicle maintenance.
Accurate determination of the likelihood of mishaps allows for informed decision-making in safety management. It facilitates the prioritization of preventative measures, the allocation of resources to high-risk areas, and the development of strategies to mitigate potential harm. Historically, rudimentary methods were used, but advancements in statistical analysis, data collection, and predictive modeling have led to more sophisticated and reliable assessments.
