How often must a risk assessment be reviewed and performed?

How often must a risk assessment be reviewed and performed?

• A. Quarterly
• B. Annually
• C. Monthly
• D. Every two years

Answer: (B)

Regular, formal risk assessment is kept up with through an annual review. Hazards and the effectiveness of controls can change as procedures, equipment, and staffing evolve, so checking the risk landscape once a year helps ensure the assessment stays current and compliant. This cadence also provides a predictable schedule to document new risks, implement corrective actions, and verify controls are working. More frequent checks (quarterly or monthly) tend to be unnecessary unless there are significant changes, while waiting two years risks missing new or evolving hazards. An annual cycle balances thoroughness with practicality and aligns with standard regulatory expectations for keeping risk information up to date.

Regular, formal risk assessment is kept up with through an annual review. Hazards and the effectiveness of controls can change as procedures, equipment, and staffing evolve, so checking the risk landscape once a year helps ensure the assessment stays current and compliant. This cadence also provides a predictable schedule to document new risks, implement corrective actions, and verify controls are working.

More frequent checks (quarterly or monthly) tend to be unnecessary unless there are significant changes, while waiting two years risks missing new or evolving hazards. An annual cycle balances thoroughness with practicality and aligns with standard regulatory expectations for keeping risk information up to date.