Risk Identification and Prevention

Risk identification and prevention involve recognizing potential threats or issues that could cause harm or loss in any context, such as health, finance, or safety. The process begins by analyzing possible risks, which can be anything from accidents to financial instability. Once identified, strategies are developed to prevent or minimize these risks, such as implementing safety measures or financial controls. This proactive approach helps individuals and organizations stay prepared, reduce potential problems, and safeguard their resources and well-being. Essentially, it’s about being aware and taking steps to avoid negative outcomes before they happen.