risk assessment
noun /ˈrɪsk əsesmənt/
/ˈrɪsk əsesmənt/
[countable, uncountable] (business)- the act of identifying possible risks, calculating how likely they are to happen and estimating what effects they might have, especially in the context of a company taking responsibility for the safety of its employees or members of the public
- The employer has an obligation to carry out a risk assessment.
- The health and safety officer came to explain the concept of risk assessment.
- A fire risk assessment will identify all the fire hazards on your premises.