Importance of risk management

Risk management is a powerful approach to ensuring that products are safe for consumers under the reasonably foreseeable conditions of use. It is the responsibility of manufacturers to take account of all relevant conditions and take adequate measures to ensure product safety.

All serious risks must be avoided and identified risks mitigated through adequate risk management, which applies to all products.

This module will provide you with the practical skills to minimise product safety risks through systematic risk management measures.

At the end of this module, you will be able to understand the:

• meaning of the terms ‘risk’ and hazard’
• how and when to conduct a risk assessment of products, and the importance of taking early steps
• how you can practically use the EU’s Risk Assessment Guidelines and RAG tool
• ways to determine risk and estimate probability