Risk Assessment Process

{
  "id": "MLC-T-ENV-024360",
  "term": "Risk Assessment Process",
  "field": "Environment",
  "definition": "1. A process to determine the increased risk from exposure to environmental pollutants together with an estimate of the severity of impact. Risk assessments use specific chemical information plus risk factors.\n\n2. The qualitative and quantitative evaluation performed in an effort to define the risk posed to human health and/or the environment by the presence or potential presence and/or use of pollutants.\n\n3. The process of identifying, prioritizing, and estimating risks. This includes determining the extent to which adverse circumstances or events could impact an enterprise. Uses the results of threat and vulnerability assessments to identify risk to organizational operations and evaluates those risks in terms of likelihood of occurrence and impacts if they occur. The product of a risk assessment is a list of estimated potential impacts and unmitigated vulnerabilities. Risk assessment is part of risk management and is conducted throughout the Risk Management Framework (RMF).",
  "references": [
    "Environmental Issues Glossary",
    "Remediation Glossary - Texas",
    "NIST IR 7298 Revision 2, Glossary of Key Information Security Terms"
  ],
  "url": "https://mlchart.com/terminology/environment/risk-assessment-process/"
}