What is the purpose of a risk assessment? – Probability
When determining ‘what is the purpose of a risk assessment?’ it is important to understand what it is. A risk assessment is a mathematical probability that is basically used for a ‘what if’ situation to determine the possibilities of certain accidents, damage, or loss. This can pertain to human health or possibility of injury or fatality; environmental risks to humans, property, or animals; possibility of damage to property or humans, as well as many others. Fair warning, the words possibility and probability will be used quite often to explain risk assessment but in determining the risk of repetitively overusing certain words, it has been determined that the probability of being able to explain the possibilities of risk assessment without them will outweigh the repetitive redundancy of said words. Assuming that last sentence managed to make sense, let’s get on with it.