In Risk Management, which step is Assessing Hazards considered?

• A. The second step
• B. The first step
• C. The final step
• D. Not part of the process

Answer: (A)

Starting with hazards, you move to assess hazards as the next step. After you identify what could cause harm, you evaluate each hazard to understand its risk by considering how likely it is to occur and how severe the consequences could be. This assessment gives you a clear picture of which hazards pose the greatest risk and what kind of controls are needed. The results from this step drive the development of controls and the risk decisions you make, and then you implement and monitor those controls. Because assessment happens right after identification to gauge risk and prioritize actions, it belongs as the second step in the process.