What term describes the process of analyzing the possibility of harm from hazards and evaluating the potential damage?

What term describes the process of analyzing the possibility of harm from hazards and evaluating the potential damage?

• A. Hazard
• B. Control
• C. Risk Assessment
• D. Accident

Answer: (C)

Risk assessment is the process of identifying hazards, analyzing the likelihood of harm and the potential severity, and evaluating overall risk to decide what controls are needed. This framing captures both analyzing the possibility of harm from hazards and evaluating the potential damage, which is exactly what is being tested. It isn’t just recognizing a hazard (that would be the hazard itself), nor is it a control (a measure to reduce risk), nor is it an accident (an incident that has already occurred). By systematically assessing risk, you determine what protections are needed to prevent harm.

Risk assessment is the process of identifying hazards, analyzing the likelihood of harm and the potential severity, and evaluating overall risk to decide what controls are needed. This framing captures both analyzing the possibility of harm from hazards and evaluating the potential damage, which is exactly what is being tested. It isn’t just recognizing a hazard (that would be the hazard itself), nor is it a control (a measure to reduce risk), nor is it an accident (an incident that has already occurred). By systematically assessing risk, you determine what protections are needed to prevent harm.