What does hazard analysis help to identify?

Hazard analysis is a systematic approach used to identify and assess potential risks associated with specific activities, processes, or environmental conditions. The primary goal of conducting a hazard analysis is to determine where hazards may exist, evaluate their potential impacts, and establish measures to mitigate those risks. This proactive approach is essential in promoting safety, preventing accidents, and ensuring compliance with safety regulations.

By identifying the specific hazards linked to certain activities or situations, organizations can implement appropriate safety measures, training, and monitoring systems. This not only enhances the safety of personnel but also contributes to the overall efficiency and effectiveness of operations.

The other choices do not align with the fundamental purpose of hazard analysis. Employee productivity levels, market trends, and cost reduction strategies may be important in their respective contexts but are not the focus of a hazard analysis. Instead, hazard analysis centers directly on understanding and managing risks to ensure a safer work environment.