Systematic use of information to identify sources and to estimate the risk
A) Risk
B) Risk analysis
C) Hazard analysis

Question

Quizplus · Accepted Answer

Risk analysis is the systematic use of information to identify sources of risk and to estimate the risk. Hazard analysis, on the other hand, is the process of identifying hazards (whether they be physical, chemical, biological or otherwise) that may cause harm. While both are important in risk management, the description provided specifically asks for the systematic use of information to identify sources and estimate risk, which is what risk analysis focuses on.

Systematic Use of Information to Identify Sources and to Estimate