What is included in step 4 of the 5 step process of risk management?

In the context of risk management, step 4 specifically focuses on implementing controls. This step is crucial because it involves putting into action the measures and strategies that have been identified as necessary to mitigate the risks associated with the identified hazards.

During this phase, various forms of control measures may be adopted, such as engineering controls, administrative controls, personal protective equipment, or changes in work practices. The objective is to ensure that all identified risks are effectively managed to minimize their potential impact.

Implementing controls is essential because it transitions the planning and assessment of risks into actionable steps. It operationalizes the risk management strategy, ensuring that the organization is not just aware of the risks but actively engaged in managing them.

Other options such as identifying hazards, assessing outcomes, and planning training represent different stages in the risk management process. Hence, they do not align with the focus of step 4.