assess risk

USAGE SUMMARY

"assess risk" is correct and usable in written English.
You can use it when evaluating the likelihood of a situation or action leading to an undesired outcome. For example, "Before investing in the stock market, it is important to assess risk."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

They assess risk.

The New York Times

Your ability to assess risk goes.

The New York Times

This gives investors confidence that they can accurately assess risk.

The New York Times

"It makes it very difficult for an investor to assess risk properly".

The Guardian

"From a policy perspective, people want something that's quick and clean, to assess risk.

The New Yorker

"We are trying to assess risk on a global scale and what that means," he says.

The Guardian

Through experience and tragedy you assess risk in a different way and become inherently more careful.

The Guardian - Sport

If you are in Davos to assess risk, in other words, just look for Trump.

The New Yorker

If companies can't precisely assess risk, interest rates will increase for everyone except the most negligent credit card users.

The New York Times

To assess risk tolerance, they can try quizzes offered online by many mutual fund companies and financial planning Web sites.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

They do not actively assess risk-profiles either.

BMC Health Services Research

Expert writing Tips

Best practice

When writing about risk management, use "assess risk" to introduce a formal process of evaluating potential threats or opportunities. For example, "The first step in project planning is to "assess risk" associated with different strategies".

Common error

Don't only focus on assessing risks after they occur. Proactively implementing preventative measures alongside risk assessment is crucial. For example, continuously "assess risk", but also create protocols to avoid the risk from arising in the first place.

Linguistic Context

The phrase "assess risk" functions as a verb phrase where "assess" is the transitive verb and "risk" is its direct object. The verb describes the action of evaluating or determining the level, nature, and potential impact of a risk. This is supported by the examples found by Ludwig.

Expression frequency: Very common

Frequent in

News & Media

40%

Science

30%

Formal & Business

15%

Less common in

Wiki

5%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "assess risk" is a commonly used phrase that means to evaluate and determine the potential threats or dangers associated with something. Ludwig AI confirms that the phrase is grammatically correct and appropriate for use in various contexts, from news and media to scientific and business settings. The phrase's neutral register makes it versatile, and its frequent usage indicates its importance in risk management and decision-making processes. Remember to consider potential errors and always seek for the best way to implement precautions. Related phrases, such as "evaluate risk" and "gauge risk", offer alternative ways to express similar ideas, depending on the desired nuance.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

evaluate risk

Replaces "assess" with "evaluate", emphasizing a more formal and in-depth analysis.

gauge risk

Uses "gauge" to suggest a measurement or estimation of the risk level.

determine risk

Substitutes "assess" with "determine", focusing on establishing the presence and nature of risk.

analyze risk

Emphasizes a detailed examination of the components and factors contributing to the risk.

identify risk

Focuses on pinpointing and recognizing potential risks.

estimate risk

Highlights the process of approximating the magnitude or probability of a risk.

measure risk

Suggests a quantitative approach to determining the level of risk.

calculate risk

Implies a precise computation of the risk involved.

understand risk

Shifts the focus to comprehending the nature and implications of risk.

appraise risk

Uses "appraise" to suggest a formal and expert evaluation of risk.

FAQs

How can I use "assess risk" in a sentence?

You can use "assess risk" to describe the process of evaluating potential dangers or uncertainties. For example, "Companies must regularly "assess risk" to ensure they are prepared for potential challenges."

What are some alternatives to "assess risk"?

Alternatives to "assess risk" include "evaluate risk", "gauge risk", or "determine risk". The best choice depends on the specific context and the nuance you wish to convey.

Is it better to say "assess risk" or "evaluate risk"?

Both "assess risk" and "evaluate risk" are correct and often interchangeable. "Assess" implies a more general evaluation, while "evaluate" suggests a more thorough and detailed analysis. Consider the level of scrutiny when choosing between the two.

What does it mean to "assess risk" in a business context?

In a business context, to "assess risk" means to identify and evaluate potential threats or uncertainties that could impact the organization's objectives. This process helps businesses make informed decisions and develop strategies to mitigate potential negative consequences.