Which of the following is NOT a step in the risk management process?

The process of risk management is essential in various fields, especially in healthcare and related industries, to identify, evaluate, and mitigate potential risks. The three primary steps typically involved in this process include risk identification, risk analysis, and risk control.

Risk identification involves recognizing potential hazards that could negatively impact the organization or its operations. This step is critical because it lays the groundwork for all subsequent actions in the risk management process.

Risk analysis follows identification and serves to assess the likelihood and consequences of identified risks. This evaluation helps prioritize risks based on their potential impact, allowing organizations to focus resources on the most significant threats.

Risk control refers to implementing measures to mitigate or eliminate risks identified during the earlier stages. This can include policies, procedures, or safety measures aimed at reducing the severity or frequency of potential incidents.

While alleviating risks is a crucial aspect of the risk management process, the term "risk alleviation" itself is not a standard step in the recognized risk management framework. Instead, risk control effectively covers the actions taken to address and manage risks. Thus, the correct response highlights a misunderstanding in terminology, emphasizing that "risk alleviation" does not constitute an official or distinct step within the established risk management process.