Risk assessment

Risk assessment is a tool for the objective evaluation of risk, and is increasingly used in veterinary epidemiology. Risk assessment forms a part of an overarching risk analysis process, which also incorporates risk management (the process whereby the risk is reduced) and risk communication (which involves the dissemination of relevant information to stakeholders). In risk assessment, the concept of risk can be viewed as the product of the likelihood of an event occurring and the consequences of that event.