State Briefly Meant Quantitative Approach Safety Assessment Q34239809

State briefly the what is meant by a ‘quantitative approach’ tosafety assessment.

Expert Answer

Quantitative approach to safetyassessment, deals with the quantifying the different factors orvariables that make an impact upon the safety of the employees ororganization at large. Here, the factors are independent variablesand it can be presence of services such as fire extinguishers,presence of standard operating process to prevent any hazard,presence of safety devices and equipment as well as the level ofpreparedness to deal with the safety hazard if any. These factorscan be given a score from 1 to 5 or from 0 to 100. Later on, acomposite