risk-assessment

Vocabulary Word

Definition

'Risk-assessment' refers to the process of identifying what could possibly go wrong in a situation and estimating the likelihood and effects of those risks. Think of it as checking the weather forecast before going on a picnic.

Examples in Different Contexts

In humanitarian projects, 'risk-assessment' often centers around understanding possible challenges or dangers to communities or environments. An NGO director might state, 'Our risk-assessment showed the need for additional safety measures during the flood relief efforts.'

Practice Scenarios

Impact

Scenario:

We're planning to build a new plant next to the river. I'm concerned about the possible environmental effects.

Response:

Before any construction begins, a detailed risk assessment needs to be carried out to evaluate potential environmental impacts.

Tech

Scenario:

We've been noticing a significant increase in suspicious activities on our network recently. What measures can we take to strengthen our defenses?

Response:

We need to perform a comprehensive risk assessment to identify potential threats and strengthen our cybersecurity.