ABSTRACT
A more detailed analysis can be done by the Preliminary Risk Analysis (PRA). For this analysis, the frequency and consequences of each risk should be studied, to calculate a risk degree that allows the team to work on the highest degrees first. The frequency categories are A for extremely remote, B
1 INTRODUCTION
1.1 Risk management and analysis
According to OHSAS 18001 (BSI, 2007), risk is a combination of the probability of the occurrence of a dangerous event, explosion of a lesion or disease that can be caused or exposed. Galante (2015) defines risk as an event or condition that, if occurred, may have a positive or negative effect on some of the project objectives. Risk management encompasses the process of identifying, advising, troubleshooting, monitoring and reporting risks (Zeleňáková & Zvijáková 2016). Vose (2008) states that risk analysis aims to help managers better understand the risks and opportunities that can emerge during the project life cycle and to evaluate the options available for their control.
