In the risk management process, what action comes immediately after identifying hazards?

In the risk management process, what action comes immediately after identifying hazards?

• A. Record your findings
• B. Review the controls
• C. Assess the risks
• D. Control the risks

Answer: (C)

Assessing risk is the next essential step after identifying hazards. This means judging how likely harm is to occur and how severe that harm could be if it does. By weighing likelihood against consequence, you create a risk level for each hazard, which helps you prioritize actions and decide where controls are most needed. After this assessment, you plan and implement controls to reduce the risks. Recording findings and reviewing the controls come later in the process. The assessment step is what turns a list of potential hazards into a ranked picture of danger that guides preventive actions.

Assessing risk is the next essential step after identifying hazards. This means judging how likely harm is to occur and how severe that harm could be if it does. By weighing likelihood against consequence, you create a risk level for each hazard, which helps you prioritize actions and decide where controls are most needed. After this assessment, you plan and implement controls to reduce the risks. Recording findings and reviewing the controls come later in the process. The assessment step is what turns a list of potential hazards into a ranked picture of danger that guides preventive actions.