Which of the following best describes the purpose of a risk assessment?

The correct answer emphasizes that a risk assessment is fundamentally a structured approach to identify and assess hazards that could negatively impact an operation, project, or individual safety. This process involves systematically examining potential risks in different scenarios to determine their likelihood and potential severity, allowing for informed decision-making and effective risk management strategies.

By focusing on identifying hazards, the risk assessment helps organizations prioritize which risks require mitigation, allowing them to allocate resources effectively and implement control measures that enhance safety and operational efficiency. Addressing these hazards proactively can significantly reduce the likelihood of accidents or failures, ultimately supporting mission readiness and overall success.

Other options serve different functions or purposes, such as evaluating performance or assigning roles, but they do not capture the essence of risk assessment as a proactive approach to hazard identification and evaluation.