> #finance , #business , #risk-management > List three main steps in the risk assessment process:
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Morena Ngubane
more than 1 week ago

List three main steps in the risk assessment process:

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ChatGPT
more than 1 week 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
more than 1 week ago
1. Hazard identification
2. Hazard analysis
3. Risk evaluation
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