Van Gelder, P.H.A.J.M. (author) Risk identification consists of defining the hazard, loss causing event E, probability P(E) of that event, perception Pe(E,P(E)) and consequences C(Pe) of that perception. Risk identification is followed by risk management, whose purpose is to mitigate the risks, for example by reducing P(E) or C(Pe) and providing suitable risk communication to...
report 2008