Process to find, list, and characterize elements of risk
A) Risk estimation
B) Risk evaluation
C) Risk identification

Question

Quizplus · Accepted Answer

Risk identification is the process of finding, listing, and characterizing elements of risk. It involves identifying potential hazards, their likelihood of occurrence, and their potential consequences. Risk estimation and risk evaluation are part of the overall risk management process, but they come after risk identification.

Process to Find, List, and Characterize Elements of Risk