A risk assessment is a process to identify potential hazards and analyze what could happen if a hazard occurs. A business impact analysis (BIA) is the process for determining the potential impacts resulting from the interruption of time sensitive or critical business processes. There are numerous hazards to consider.
Risk; the risk of injury or loss resulting from these hazards. The process of estimating the magnitude of the risk arising from the hazards and deciding whether the risk is acceptable by considering the adequacy of the existing controls is defined as Risk Assessment. Risk assessment is the first step in Occupational Health and Safety management.
Risk assessment means making necessary studies to determine the dangers that exist or may come from the workplace, to analyze and classify the risks that result from these dangers and to decide the control measures.
Risk Assessment Process is the process of identifying and analyzing risks that will prevent the administration from achieving its objectives and determining the necessary measures.
Companies should systematically analyze and identify the internal and external risks that might hinder their goals and objectives and determine the measures to be taken.
The main purpose in assessing occupational risks is to protect the health of employees and to ensure their safety. Risk assessment helps to minimize harm to employees and the environment that result from work-related activities. Risk assessment also contributes to the efficiency of production and its strength in the competitive market.