Table 4 Risk magnitude classification description.
Risk level | Score | Rating | Grading description |
|---|---|---|---|
Major risk (rad) | 32–64 | 4 | Unacceptable risk: must be investigated immediately, and the hidden danger can be resolved before continuing |
Larger risk (orange) | 16–32 | 3 | Risks that are acceptable but need to be corrected: formulate contingency plans and strengthen the frequency of supervision and inspection |
Normal risk (blue) | 8–16 | 2 | Tolerable Risk: Developing a Check Ledger |
Low risk (green) | 1–8 | 1 | Acceptable risk: conduct routine checks or random spot checks |