As defined in Section 3.1.59 of API 580:
“Risk assessment: The systematic use of information to estimate risk and conduct risk evaluation.”
Option A refers more closely to hazard identification, C is the definition of risk management, and D describes part of the risk analysis process, but not the full definition of risk assessment.
[Reference: API 580, 2nd Edition (2016), Section 3.1.59, ===========]
Submit