What is the primary difference between a “hazard” and a “risk”?

The primary difference between a hazard and a risk lies in their definitions and relationships in the context of safety and health. A hazard refers to a condition or situation that has the potential to cause harm, injury, or illness. On the other hand, risk quantifies the likelihood or probability that the harm from that hazard will actually occur and the severity of the potential consequences.

For example, a wet floor is a hazard because it presents a potential danger of slipping and falling. However, the risk associated with that hazard would depend on various factors, such as how often people walk on that floor, the presence of warning signs, or the footwear of the individuals involved. In essence, while all risks come from hazards, not all hazards carry the same level of risk, as it can vary depending on circumstances.

Understanding this distinction is crucial in developing effective safety measures and risk management strategies in the workplace.