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In ORM, which step evaluates the potential severity and probability of hazards?

Identify hazards.

Develop controls.

Assess risks.

Assessing risks is about weighing how serious a hazard could be (severity) and how likely it is to occur (probability). In ORM, this evaluation yields a risk level that guides where to focus controls and actions. The other steps deal with finding hazards or putting controls in place, not measuring how bad or how likely a hazard is. For example, evaluating an electrical hazard involves considering the potential harm if it occurs and how often people might be exposed, which together determine the priority for controls.

Implement controls.

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