What is the process of identifying and evaluating hazards called?

The process of identifying and evaluating hazards is known as risk assessment. This involves a systematic approach to recognize potential hazards in the workplace or during a project and assess the risks associated with those hazards. Risk assessment typically includes determining the likelihood of a hazardous event occurring and the potential consequences if it does happen. This process is essential for implementing effective safety measures to mitigate identified risks, ensuring a safer environment by prioritizing which hazards need more immediate attention and control measures.

In contrast, other options may touch on related concepts but do not specifically encompass the full scope of risk assessment. Hazard analysis focuses primarily on identifying hazards without the comprehensive evaluation of risks. Safety evaluation typically assesses the effectiveness of safety measures already in place rather than identifying and evaluating new hazards. Impact assessment generally refers to a broader analysis of the environmental or social impacts of a project, which can include hazards but is not limited to them. Thus, risk assessment directly captures the essence of identifying and evaluating hazards, making it the appropriate choice in this context.