Risk assessment is the process where you, identify hazards, analyze or evaluate the risk associated with that hazard and determine appropriate ways to eliminate or control the hazard. In practical terms, a risk assessment is a thorough look at your organization or workplace to identify those situations, processes, etc that may cause harm, particularly to people. After identification is made, CAP Management evaluates how likely and severe the risk is, and then suggests you what measures should be in place to effectively prevent or control the harm from happening.