What comes after 'Identify hazards' in the Risk Management steps?

After identifying hazards in the Risk Management process, the next crucial step is to assess those hazards. This assessment involves evaluating the identified risks to determine their potential impact and likelihood of occurrence. By analyzing the severity and frequency of each hazard, you can prioritize which risks require immediate attention or more in-depth mitigation strategies.

This phase helps in understanding the nature of the risk, allowing for informed decision-making regarding which hazards are most critical to address. It sets the foundation for developing controls aimed at reducing or eliminating the risks associated with the identified hazards. Without a thorough assessment, it would be challenging to justify the appropriate control measures. This assessment is vital as it directs the next steps in the risk management process effectively.