What role does severity play in risk assessment?

Severity in risk assessment is crucial as it describes the potential loss or impact that could result from a hazard. When evaluating risks, understanding the severity helps organizations prioritize their safety measures and resources. If a hazard has a high severity, it indicates significant potential consequences—such as serious injury, loss of life, or extensive property damage—which necessitates immediate attention and robust mitigation strategies. This understanding allows teams to effectively manage risks by implementing appropriate controls to minimize severe outcomes. In this context, knowing the severity of potential incidents aids in making informed decisions about safety protocols and preparedness actions.