Risk assessment- Steps to follow

Carrying out the complicated task of risk assessment is certainly not very easy. However, if you follow some very simple steps, the process can be undertaken in an unproblematic way. Firstly, you need to identify the various threats or hazards in the project. Also, probe about what are the things which may experience the maximum damage. After this, you have to evaluate the risks and decide the required precautions. This is followed by recording of the assessment as well as implementation of the findings. However, for more multifarious hazards like fire, water etc, it is best to appoint an expert consultant for a precise risk assessment.