The important HSE terms << Risk assessment>>

1- A careful consideration by competent people of the hazards associated with a task. The
potential effect of each hazard, how severe it might be and the likelihood of it occurring,
should be considered to determine the effort required to make the work site as
safe as reasonably practicable.

2- The whole process of risk analysis and the evaluation of the results of the risk analysis
against technological and/or economic, social and political criteria.