Risk Management / Assessment Consultancy & Training

Absolute Kinetics Consultancy Pte Ltd is approved by the Ministry of Manpower (MOM) under the Risk Management Assistance Fund (RMAF) as:

Approved Risk Consultant (ARC) – for consultancy

Accredited Training Provider (ATP) – for training

"Risk Management is a process by which the management assesses the risks, determines the control measures, and takes appropriate actions to reduce such risks. It is a cornerstone to prevent deaths, injuries and ill health at work. Workplaces need to conduct risk assessments to help identify the sources of risks, actions that should be taken, and parties responsible for doing so."
-Excerpt from Ministry of Manpower “A Guide to the Workplace Safety and Health” (Risk Management) Regulations” booklet

WSHA Risk Management Regulations - What must you do?

The Workplace Safety and Health (Risk Management) Regulations come into effect on 1st September 2006. Under the Regulations, workplaces are required to conduct a comprehensive risk assessment (RA) on work processes and implement control measures to eliminate or reduce the safety and health risks posed to any person.

Penalties

Enhanced General Penalties under the WSH Act:

For Individuals – S$ 200,000 fine and/or 24 months jail

For Corporations – S$ 500,000 fine.

For repeat offenders for the same offences that cause the death of another person – The maximum fine is doubled.

The Funding

The Risk Management Assistance Fund (RMAF) by Ministry of Manpower (MOM) aims to assist Small and Medium Enterprises (SMEs) to conduct Risk Assessment. RMAF helps SMEs defray the cost of engaging Approved Risk Consultants to conduct risk assessment and build their in-house Occupational Safety & Health capability.

How much funding is available?

Up to 70% of the above fees or S$3500 (whichever the lower) can be supported by The Risk Management Assistance Fund (RMAF).The fund would be administered by the Ministry of Manpower (MOM) through Enterprise Development Centres (EDCs) and MOM appointed industry business associations. Known as RMAF agents, they will promote,process and endorse all applications.

Consultancy Objectives

To meet the Workplace Safety and Health (Risk Management) Regulations that shall come into operation on 1 September 2006

To ensure that the organisation’s risk management system is functioning effectively- where occupational risks are properly identified, evaluated and controlled and are compliant with Workplace Safety & Health Risk Management: Risk Assessment Guidelines 2006

To provide Trainings on Risk Management

Risk Assessment Services

Planning

Planning for hazard identification, risk assessment and risk control. The risk assessment planning aspect shall be examined by Consultants for its adequacy.

Procedure

The Consultants shall check whether the client has established and maintained procedures for the ongoing identification of hazards, the assessment of risks, and the implementation of necessary control measures. These shall include:

routine and non-routine activities;

activities of all personnel having access to the workplace (including subcontractors and visitors);

facilities at the workplace, whether provided by the organization or others.

Key Stages

Key stages of Risk Assessment shall be examined (and trouble-shoot) by Consultants for its adequacy and efficiency:

Identify risks

Analyze risks

Evaluate risks

Treat risks