Abstract
Every risk management process typically brings the results of the hazards analyses, risk estimations, and risk evaluation into a table. This is usually a large table and is called by many names. Examples: risk matrix, risk table, risk chart, product risk assessment, and risk analysis chart. The Risk Assessment and Control Table (RACT) tells the story of how each System Hazard manifests itself, what causes it, how exposure to that Hazard happens, and what Harms could ensue. The RACT also captures the Risk Controls and Risk Control option analysis. Additionally, the RACT computes and evaluates the residual risks: both individual risks and overall System risk.
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