• Mon ~ Sat | 0900 ~ 1700 hrs
  • IRN (Pvt) Ltd, Office # 109, St No. 10, E-11/4, Islamabad 44000 PK
  • +92 51 844 1257
  • Mon ~ Sat | 0900 ~ 1700 hrs
  • IRN (Pvt) Ltd, Office # 109, St No. 10, E-11/4, Islamabad 44000 PK
  • +92 51 844 1257

Our Focus

Risk Assessment

The process of identifying and analyzing potential hazards, exposures and vulnerabilities that may negatively impact individuals, assets, and / or the environment; and making judgments on the acceptability of the risk on the basis of a risk analysis while considering influencing factors for risk evaluation. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk related consequences. Risk assessment determines likelihood and consequences of events and the tolerance and acceptability levels. Risk assessment can be quantitative, qualitative, generic, site specific or dynamic. Basic principles of risk assessment include avoiding risk wherever possible, carrying out risk assessment to evaluate risks that cannot be avoided and taking action to reduce risks at source to the lowest possible level.