One of the most important aspects of a risk analysis is risk assessment. Risk analysis is a multi-step process that aims to discover and analyze all potential risks and concerns that could be harmful to the company. This is a continuous process that is updated as needed. These ideas are intertwined and can be utilized separately. The process of exchanging information and opinions about risk with those who are affected is known as risk communication. The proactive control and evaluation of hazards and risks in order to avoid accidents, uncertainties, and errors is known as risk management. These are all critical factors that, when combined with risk assessment, aid in making educated decisions such as risk mitigation.