Understanding the Limitations in Risk Assessment Ace myhomework myhomework writers acemywork

Risk assessment is significant in risk management and risk communication as it derives the quantitative or qualitative value of a possible hazard. Risk assessment informs the public and protects them from possible dangers relating to a given situation. Notably, risk assessment does not give a conclusive direction but helps in deriving an informed, careful, and detailed decision (Health and Safety Executive, 2013).