Risk assessment is a term accustomed describe the method or technique wherever you: establish hazards and risk factors that have the potential to cause damage (hazard identification). Analyze and assess the risk associated with that hazard (risk analysis, and risk evaluation).
Broadly speaking, a risk assessment is that the combined effort of: distinguishing and analyzing potential events which will negatively impact people, assets, and/or the environment; and creating judgments "on the tolerability of the danger on the idea of a risk analysis" whereas considering influencing factors.
For some risks, alternative laws need specific management measures. Your assessment will assist you establish wherever you wish to appear at bound risks and these specific management measures in additional detail. These management measures don't ought to be assessed on an individual basis however are often thought of as a part of, or Associate in Nursing extension of, your overall risk assessment.