What is the Difference between Hazard and Risk?

Difference between Hazard and Risk

Difference between Hazard and Risk Hazard Something with the potential to cause a Harm of any kind. For Example: Injury to People, Damage to Equipment or Damage to Plant Etc. Risk The likelihood that a Hazard will Cause Harm In combination with the Severity of injury, Damage or Loss – that might foreseeable occur. Likelihood … Read more