What does “risk assessment” involve?

Risk assessment involves evaluating the likelihood and impact of identified hazards within a workplace or work process. This process is crucial for identifying potential safety issues that could affect employees' health and safety. By systematically analyzing risks, organizations can implement appropriate control measures to mitigate or eliminate hazards, ultimately creating a safer work environment.

Understanding the likelihood of an event occurring and its potential impact allows management to prioritize risks and allocate resources effectively. This proactive approach not only ensures compliance with occupational health and safety regulations but also fosters a culture of safety within the organization.

The other options pertain to different aspects of employee management. Evaluating employee performance metrics focuses on assessing individual work output, while determining training needs involves identifying skill gaps for developmental purposes. Scheduling regular team meetings is aimed at enhancing communication and collaboration, but none of these directly relate to the core components of risk assessment.