Risk Assessment

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Risk Assessment: 

Risk is the preexisting hazard(s) that may cause damage or loss. It does not assume certainty that a hazard will develop rather its inherent potential to occur. Risk management is applied to ascertain the presence of risk, measure the potential threat and how to manage it. In taking assertive steps to prevent or manage a known risk, the resulting damage can be contained. 

Risk identification is the process of determining the existing threats within an organization. An organization can be impacted by various types of risk and it is the responsibility of that organization to know what they are. Disaster-preparedness is a key aspect of this awareness whether they’re of natural origin or caused by accidents.

Disasters of natural orgin refer to…

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