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  1. Dictionary
    risk assessment

    noun

    • 1. a systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking.
  2. Jul 15, 2024 · A risk assessment is a systematic process used to identify potential hazards and risks in a situation, then analyze what would happen should these hazards take place.

  3. Risk assessment is the process of identifying hazards that could negatively affect an organization's ability to conduct business. These assessments help identify inherent business risks and prompt measures, processes and controls to reduce the impact of these risks on business operations.

  4. Jul 12, 2022 · What Is Risk Assessment? Risk assessment is a general term used across many industries to determine the likelihood of loss on an asset, loan, or investment.

  5. What is a risk assessment? The definition of a risk assessment is a systematic process of identifying hazards and evaluating any associated risks within a workplace, then implementing reasonable control measures to remove or reduce them. When completing a risk assessment, it is important to clearly define some keywords:

  6. A Risk Assessment is a systematic process used to identify, evaluate, and prioritize potential risks that could negatively impact an organization’s objectives, operations, or specific projects. This process helps organizations manage and mitigate these risks before they escalate into critical issues.

  7. Risk assessment consists of an objective evaluation of risk in which assumptions and uncertainties are clearly considered and presented.

  8. Apr 11, 2023 · What is a risk assessment? A risk assessment is a systematic and comprehensive analysis of the probability of a certain event occurring and the potential consequences that might result from that event. The purpose of a risk assessment is to identify and characterize risks.