Risk Characterization
Risk characterization is the process of summarizing and communicating the potential risks associated with a specific hazard. It involves integrating data from risk assessment, including exposure levels and the likelihood of adverse effects, to provide a clear picture of the risk. This helps stakeholders understand the significance of the risk and informs decision-making.
The goal of risk characterization is to present information in a way that is accessible and useful to various audiences, including policymakers, businesses, and the public. By clearly outlining the nature and magnitude of risks, it aids in developing strategies for risk management and mitigation.