Hazards identify what could cause harm. Risks describe what could happen as a result. In safety management, hazard and risk are often used together, but they are not the same thing. A hazard is something that has the potential to cause harm. A risk is the likelihood and severity of harm that could result from that hazard. Hazards are the source of possible harm. Risk is the level of exposure created by that hazard. Why the Difference Matters Identifying a hazard is only the f