Risk Assessment

Definition

A systematic process of evaluating potential risks and their impacts.

Key Components

• Hazard Identification: Recognizing potential sources of harm.
• Risk Analysis: Assessing the likelihood and severity of each hazard.
• Risk Evaluation: Comparing estimated risks against benchmark levels.

Applications

• Healthcare: Patient safety, medical device approvals.
• Technology: AI oversight, cybersecurity.
• Business: Operational continuity, compliance.

Related Concepts

• Ethics
• AI Oversight
• BMJ

Notes

• New AI technologies in healthcare require updated governance frameworks.
• Existing frameworks often lack practical implementation for risk assessment.
• AI governance needs to be embedded into existing processes for safe and responsible use.

Backlinks

• 2026 04 14 BMJ Review