Reducing risks, protecting people
Reducing risks ,HSE s decision-making processprotecting peopleReducing risks ,HSE s decision-making processprotecting peopleHSEBOOKSREDUCING risks , protecting PEOPLEHSE s decision-making processii Crown copyright 2001Applications for reproduction should be made in writing to:Copyright Unit, Her Majesty s Stationery Office, St Clements House, 2-16 Colegate, Norwich NR3 1BQFirst published 2001ISBN 0 7176 2151 0All rights reserved. No part of this publication may be reproduced, stored in a retrievalsystem, or transmitted in any form or by any means (electronic, mechanical, photocopying,recording, or otherwise) without the prior written permission of the copyright 1: Overview of risk and risk management issues5Purpose of this document6Why the need to explain decisions on the m
REDUCING RISKS, PROTECTING PEOPLE HSE’s decision-making process iv 62 Appendix 3: Some issues relevant to assessing risk reduction options 62 Implications of case law on ‘reasonable practicability’ 63 Risks taken into account in regulating 64 Use of cost benefit analysis in the decision-making process 65 Valuation of benefits 65 Discounting of costs and benefits
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