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Risk assessment

Estimation of risk associated with exposure to a given set of hazards Risk assessment is a process for identifying hazards, potential (future) events which may negatively impact (harm) an individual(s), asset(s), and/or the environmentlikelihood (probability) of those hazards occurringconsequences of those hazardsactions (risk reduction methods) which can mitigate these hazardous effects.As the first stage of a risk assessment process, hazard analysis identifies the situations and events for all potential or foreseeable hazards.

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