All Risk Assessment methods for industrial machinery do the following:
- Identify hazards
- Assess risk
- Frequency of exposure
- Severity of possible injury
- Ability to avoid the hazard
- Reduce risks
- Document results
For machinery and robotics, there are (at least) four standardized methodologies for performing a risk assessment:
- ISO 14121 -- Safety of Machinery Principles of Risk Assessment
- ANSI B11.TR3 Risk Assessment and Risk Reduction - A Guide to Estimate, Evaluate and Reduce Risks Associated with Machine Tools
- EN 1050 Safety of Machinery - Risk Assessment
- ANSI/RIA 15.06 - Safety Requirements for Industrial Robots and Robotic Systems