Based on risk analysis, the tools such as a risk assessment form and a risk severity matrix are used to assess risk
Risk Assessment is a term that is used to describe the collective action of specifying and evaluating potential incidents that may negatively affect individuals, assets, and/or the environment; and making decisions "on the tolerability of the risk established on a risk analysis" while evaluating impacting factors.
Risk assessment tools, such as risk assessment forms and risk severity matrices are used by individuals or business firms can help identify the risks associated with a project and how to address them.
There are various types of risk assessment tools, and techniques that can be used to assess risks.
Hence, in this case, it is concluded that the correct answer is "Assess risk."
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