risk assessment in engineering

Risk assessment in engineering is a systematic process of identifying potential problems that could cause harm or failure in a project or system. It involves analyzing the likelihood of these issues occurring and evaluating their possible impact. The goal is to detect vulnerabilities early, so appropriate measures can be implemented to prevent accidents, reduce costs, or improve safety. Essentially, it helps engineers make informed decisions by balancing risks and benefits, ensuring that designs and operations are as safe and reliable as possible while minimizing unintended consequences.