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For official use only not for distributivity of Lawton6/1/2021Emergency Action Plan (EAP) BII Detention Basin National Inventory of Dams (NID) No. OK00060 S of the SE of Section 16, T2N, R12W, I.M. City
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Identify the potential risks and impacts of the project or task.
02
Assess the likelihood and severity of each risk and impact.
03
Determine the strategies and controls needed to mitigate or manage the risks and impacts.
04
Assign responsibilities for monitoring and managing the identified risks and impacts.
05
Regularly review and update the risk and impact assessment as needed.

Who needs risk and impact assessment?

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Organizations undertaking a project or task that could have potential risks and impacts.
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Businesses looking to minimize disruptions and maximize outcomes.
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Government agencies implementing policies or programs that could have unintended consequences.
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Individuals making important decisions that could have far-reaching effects.
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Risk and impact assessment is the process of identifying potential risks and evaluating their potential impact on a project, activity, or decision.
Various stakeholders including businesses, governments, and organizations may be required to file risk and impact assessments depending on the nature of the project or activity.
Risk and impact assessments are typically filled out by conducting research, gathering data, and analyzing the potential risks and impacts involved.
The purpose of risk and impact assessment is to help decision-makers understand potential risks, determine appropriate mitigation strategies, and make informed choices.
Information such as potential risks, possible impacts, mitigation measures, and stakeholder engagement strategies may need to be reported on a risk and impact assessment.
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