Understanding Risk Assessment
Understanding Risk Assessment Risk can be defined as the Probability of Occurrence and the Severity of Consequences Risk Assessment protocol Step 1: Identify all potential hazards Step 2: Determine potential for loss including who might be harmed and how Step 3: Evaluate the risks and decide on prevention and precautions Step 4: Record your findings and consider sequence of implementation Step 5: Prioritize and implement preventative measures Step 6: Review your assessment periodically and update as necessary