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What element is NOT part of risk analysis?

  1. Estimating risk

  2. Identifying sources of risk

  3. Determining employee performance

  4. Providing a basis for risk evaluation

The correct answer is: Determining employee performance

Determining employee performance is not a component of risk analysis. Risk analysis primarily focuses on identifying, estimating, and evaluating risks associated with systems, processes, or operations. The core elements involve estimating the potential risk levels, identifying sources of risk—like hazardous conditions or operational factors that could lead to failures—and providing a systematic basis for evaluating those risks to inform decision-making processes. While employee performance can impact risk indirectly—such as through adherence to safety protocols or operational efficiency—it is not a direct element of the risk analysis framework. The purpose of risk analysis is to prioritize risks based on their likelihood and potential impact, rather than assessing individual employee effectiveness. This distinction helps clarify that risk analysis is about understanding and managing risk rather than evaluating human performance metrics.