The future is always unknown, uncertain. The will to cooperate, compete, and prevail are ever-present. Understand the concept of risk analysis.

1. Evaluating Risks Using Qualitative
Risk Analysis

2. What Is Risk Analysis?
Risk Analysis and Management is a key project management practice to ensure that
the least number of surprises occur while your project is underway. Risk analysis is a
technique used to identify and assess factors that may jeopardize the success of a
project or achieving a goal.

3. Benefits Of Risk Analysis
•Recognize and control hazards in your workplace.
•Create awareness among your employees – and use it as a training tool as well.
•Set risk management standards, based on acceptable safe practices and legal
requirements.
•Reduce incidents in the workplace.
•Save costs by being proactive instead of reactive.

4. Steps In Risk Analysis
•Identify the hazards
•Decide who might be harmed and how
•Evaluate the risks and decide on precautions
•Record your findings and implement them
•Review your risk assessment and update if necessary

5. The Process Of A Risk Assessment
Risk assessment is a term used to describe the overall process or method where
you: Identify hazards and risk factors that have the potential to cause harm
(hazard identification). Analyze and evaluate the risk associated with that hazard
(risk analysis, and risk evaluation)

6. Please Visit The Website For More
Details
https://www.spiipe.org/risk-analysis/
Contact : +1 855-853-2085