> #finance , #business , #risk-management > List three main steps in the risk assessment process:
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Morena Ngubane
6 hours ago

List three main steps in the risk assessment process:

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ChatGPT
6 hours ago
1. Identify hazards: This involves identifying potential hazards that could cause harm or damage in a particular situation or environment.

2. Assess risks: This step involves evaluating the likelihood and severity of the potential harm or damage caused by each identified hazard.

3. Implement control measures: Based on the assessment of risks, control measures are put in place to reduce or eliminate the risks identified. This may involve implementing safety procedures, providing training, or using protective equipment.
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Google Gemini AI
6 hours ago
1. Hazard identification
2. Hazard analysis
3. Risk evaluation
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