Can be calculated as Probability x Severity.

• A. Risk
• B. Hazard
• C. Severity
• D. Exposure

Answer: (A)

Risk is the amount of danger as a result of both how likely something harmful is to happen and how bad the outcome could be. When you multiply probability by severity, you get a risk rating, which is the way safety programs prioritize which situations to control first. A hazard is simply the source of potential harm, not the likelihood or the consequence. Severity describes how bad the harm could be but doesn’t account for how likely it is. Exposure refers to how long or how often people are exposed to the hazard, which affects risk but isn’t the direct product of probability and consequence.