Document background
The Standard Risk Assessment Matrix is a fundamental document required for organizations operating in Saudi Arabia to effectively identify and manage operational risks while ensuring compliance with local regulations. This document becomes necessary when organizations need to systematically evaluate and document potential risks in their operations, implement appropriate control measures, and maintain ongoing risk monitoring. The matrix incorporates requirements from Saudi Labor Law, Civil Defense regulations, and industry-specific standards, providing a comprehensive framework for risk assessment. It is particularly crucial for initial facility setup, periodic safety reviews, operational changes, or when required by regulatory authorities. The document includes detailed risk evaluation criteria, control measure recommendations, and monitoring protocols, all aligned with Saudi Arabian regulatory requirements and international risk management standards.
