Abstract
In the absence of uniform and unified requirements for the assessment of industrial risks at an enterprise, the system approach remains the only tool for a comprehensive assessment of the workplace safety. Implementation of Occupational Safety and Health (OSH) system involves identifying, analyzing and reducing risks at the workplace. The purpose of the article is to calculate the minimum expenses for occupational safety measures and minimize production risks identified through the developed procedure for analyzing the hazards of the machine-building enterprise. The research methodology is based on the integrated use of qualitative and quantitative approaches to risk assessment, namely, structured assessment and integral assessment using the “rucksack problem” optimization model. The study identifies the risks that are most common and the most serious ones. The procedure of risk reduction is proposed, which is to determine the minimum costs for achieving each of the integral assessments for the machine-building enterprise. The practical value of work consists in the ability to directly apply the developed methodology for risk assessment at the enterprises of the machine-building industry, and to easily adapt the risk assessment procedure to other conditions.