Significance of Risk analysis
Risk analysis involves evaluating the dangers posed by aflatoxins and assessing their potential health and safety impacts. It includes a comprehensive assessment of hazards related to specific events, guiding the determination of needed medical support. Additionally, it entails estimating the risk associated with identified hazards through qualitative or quantitative evaluations of their likelihood and severity. Overall, risk analysis serves as a systematic approach to understanding potential risks, especially important in disaster management for ensuring preparedness and effective responses.
Synonyms: Risk assessment, Risk evaluation, Risk management, Hazard analysis
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
The concept of Risk analysis in scientific sources
Risk analysis involves assessing potential hazards by estimating the likelihood and severity of risks. This process can be conducted through qualitative or quantitative methods, helping organizations understand and mitigate potential dangers effectively.
From: The Malaysian Journal of Medical Sciences
(1) A methodical evaluation of potential risks involved in a situation, particularly in disaster management to ensure preparedness and adequate response.[1] (2) An assessment of potential hazards and risks associated with the event, used to determine the necessary medical support.[2]