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 process helps organizations prioritize their resources and implement measures to mitigate or manage identified risks effectively. In various fields, such as healthcare, construction, and finance, risk assessments are essential for ensuring safety and compliance with regulations. By understanding the risks involved, organizations can develop strategies to minimize their impact, protect stakeholders, and enhance overall decision-making.