Risk Analysis is the systematic process of identifying, assessing, and prioritizing risks associated with potential events or decisions, followed by the application of resources to minimize, monitor, and control the probability or impact of adverse outcomes. It is widely used in various fields, including finance, engineering, and public health.
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Risk Analysis is the systematic process of identifying, assessing, and prioritizing risks associated with potential events or decisions, followed by the application of resources to minimize, monitor, and control the probability or impact of adverse outcomes. It is widely used in various fields, including finance, engineering, and public health.