Risk assessment is the process where you:
- Identify Hazards
- Analyze Hazardsor
- Assess the risk that hazard poses to people, equipment, business
- Determine appropriate ways to eliminate or control the hazard
In practical terms, a risk assessment is a thorough look at your workplace to identify those things, situations, processes, etc, that may cause harm, particularly to people. After identification, you evaluate how likely and severe the risk is and then decide what measures should be in place to effectively prevent or control the harm from happening.
