Risk assesment is exactly what it sounds like. A person or persons look at any task that is to be performed and determine what, if any risk are involved. The assesment is to determine if there's a...
risk matrix is a 2*2 table (high,low) or 3*3(high,medium,low) showing the impact of risk on vertical lines and showing probability of the event happening,giving rise to risk,on horizontal lines.in...