Which term encompasses the likelihood of suffering harm from a hazard and the potential for loss?

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Multiple Choice

Which term encompasses the likelihood of suffering harm from a hazard and the potential for loss?

Explanation:
Risk describes the likelihood of suffering harm from a hazard and the potential for loss. In safety work, a hazard is something that could cause harm, and risk combines how probable that harm is with how severe the consequences could be. This helps prioritize actions, controls, and resource allocation to reduce exposure where both the chance of harm and the impact are greatest. The other terms don’t fit: plans review focuses on evaluating designs for code compliance; PTSD is a mental health condition; a policy is a formal rule or action plan.

Risk describes the likelihood of suffering harm from a hazard and the potential for loss. In safety work, a hazard is something that could cause harm, and risk combines how probable that harm is with how severe the consequences could be. This helps prioritize actions, controls, and resource allocation to reduce exposure where both the chance of harm and the impact are greatest. The other terms don’t fit: plans review focuses on evaluating designs for code compliance; PTSD is a mental health condition; a policy is a formal rule or action plan.

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