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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. 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.

  3. Jul 12, 2022 · A risk assessment identifies hazards and determines the likelihood of their occurrence. Investors use risk assessment to help make investment decisions.

  4. Jun 27, 2024 · A risk assessment is a systematic process used to identify, analyze, and control hazards and risks present in a situation or place.

  5. 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.

  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 is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyses potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).

  8. Risk assessment is essential in ensuring safety and well-being in any organization. This process identifies, evaluates, and prioritizes potential risks in a workplace or activity, resulting in safer working environments, accidents prevention, and increasing safety awareness.

  9. Apr 11, 2023 · 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.

  10. May 10, 2024 · Risk assessment is a term used to describe the overall process or method where you: Identify hazards and risk factors that have the potential to cause harm (hazard identification). Analyze and evaluate the risk associated with that hazard (risk analysis, and risk evaluation).

  11. RISK ASSESSMENT definition: 1. the process of examining the risks involved in a planned activity 2. the process of examining…. Learn more.