risk assessment reports

A risk assessment report identifies potential problems or hazards that could negatively impact a project, organization, or individual. It evaluates the likelihood of these risks occurring and the possible impact they might have. The goal is to understand where vulnerabilities exist and to prioritize actions to prevent or minimize harm. Such reports help decision-makers plan effectively, allocate resources wisely, and implement safeguards to reduce potential negative outcomes. In short, it’s a structured way to understand and manage uncertainties to ensure safer and more successful outcomes.