What are the first two steps of the 5-step Risk Management process combined into the acronym "A"?

The first two steps of the 5-step Risk Management process are indeed "Identify and assess hazards." In any risk management framework, recognizing potential hazards is critical as it sets the foundation for all subsequent actions. Identifying hazards involves pinpointing anything that could cause harm or poses a risk, whether it’s physical, procedural, or environmental.

The assessment of those hazards follows closely behind and involves evaluating the level of risk they might pose. This includes analyzing the likelihood of each hazard occurring and the potential severity of the consequences should that hazard be realized. By systematically identifying and assessing hazards, leaders can prioritize risks and develop appropriate strategies to mitigate them effectively. This step is fundamental because it informs all future planning and decision-making processes, ensuring that resources are concentrated where they are needed most for safety and operational effectiveness.