What does risk assessment mean?
Definitions for risk assessment
risk as·sess·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word risk assessment.
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Wiktionary
risk assessmentnoun
The overall process of identifying all the risks to and from an activity and assessing the potential impact of each risk.
risk assessmentnoun
The determination of the potential impact of an individual risk by measuring or otherwise assessing both the likelihood that it will occur and the impact if it should occur, and then combining the result according to an agreed rule to give a single measure of potential impact.
Wikidata
Risk assessment
Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of two components of risk:, the magnitude of the potential loss, and the probability that the loss will occur. In all types of engineering of complex systems sophisticated risk assessments are often made within Safety engineering and Reliability engineering when it concerns threats to life, environment or machine functioning. The nuclear, aerospace, oil, rail and military industries have a long history of dealing with risk assessment. Also, medical, hospital, and food industries control risks and perform risk assessments on a continual basis. Methods for assessment of risk may differ between industries and whether it pertains to general financial decisions or environmental, ecological, or public health risk assessment.
U.S. National Library of Medicine
Risk Assessment
The qualitative or quantitative estimation of the likelihood of adverse effects that may result from exposure to specified health hazards or from the absence of beneficial influences. (Last, Dictionary of Epidemiology, 1988)
Dictionary of Military and Associated Terms
risk assessment
The identification and assessment of hazards (first two steps of risk management process).
Numerology
Chaldean Numerology
The numerical value of risk assessment in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of risk assessment in Pythagorean Numerology is: 2
Examples of risk assessment in a Sentence
Think about it as road safety -- we have to do our own risk assessment when crossing the road, for example, do we always cross the road just on the traffic lights or on zebra crossings, or do we occasionally cross it elsewhere ? If we do, we probably consider several things, such as how far away are the cars, what speed are they traveling at, are the roads wet, how agile am I ?
Given the long reach of U.S. sanctions, there is a risk assessment that any prudent multinational company will need to undertake any time they do business with KAA and any of its subsidiaries.
The first thing we’re doing is refining the numbers in our paper, the results of this study are a first step in understanding how to personalize risk assessment around a woman’s specific mutation, which can help guide carriers and providers in the cancer prevention decision making process.
Small changes in the pesticide structure or its target site in insects are likely to be critical to risk assessment, each pesticide/insect combination needs to be considered independently.
The donor's risk assessment performed by the Office at the time of receiving the $1.5 million contribution was ineffective.
Translations for risk assessment
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"risk assessment." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/risk+assessment>.
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