A risk assessment is a systematic process used to identify and evaluate potential hazards that could negatively impact people, property, or the environment. It involves analyzing the likelihood of these risks occurring and the potential consequences if they do. This helps organizations prioritize their safety measures and allocate resources effectively. The process typically includes identifying hazards, assessing the risks associated with them, and determining appropriate control measures to mitigate those risks. Risk assessments are essential in various fields, including health and safety, environmental management, and project planning, ensuring that informed decisions are made to protect individuals and assets.