In the Risk Management (RM) process steps, which is the first step?

In the Risk Management (RM) process steps, which is the first step?

• A. Assess Hazards
• B. Identify Hazards
• C. Implement Controls
• D. Develop Controls and Make Decisions

Answer: (B)

Identifying hazards is the starting point because you must know what could cause harm before you can judge how significant the risk is or decide on actions to reduce it. This step defines the scope of what you’re protecting against and provides the information you need for the next phase, where you assess how likely each hazard is to occur and how severe the consequences could be. Only after hazards are identified can you development appropriate controls and make informed decisions about which controls to implement. Skipping identification would leave gaps in understanding the risk landscape, making subsequent assessment and control efforts incomplete or misdirected.

Identifying hazards is the starting point because you must know what could cause harm before you can judge how significant the risk is or decide on actions to reduce it. This step defines the scope of what you’re protecting against and provides the information you need for the next phase, where you assess how likely each hazard is to occur and how severe the consequences could be. Only after hazards are identified can you development appropriate controls and make informed decisions about which controls to implement. Skipping identification would leave gaps in understanding the risk landscape, making subsequent assessment and control efforts incomplete or misdirected.