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7. RISK ASSESMENT OVERVIEW
A Risk Assessment Management program is a systematic application of management policies, procedures, and practices to assist in analyzing, evaluating, controlling, and monitoring risk.
1. Identify Hazard
2. Assess the Hazard
3. Estimate and Evaluate Risk
4. Develop and Implement Controls
5. Monitor Effectiveness of Risk Control Measure
Risk is inherent in all processes, tasks and in personal activities no matter how routine.
