What are the steps involved in risk assessment for transporting dangerous goods?

The correct answer involves a comprehensive approach to managing risks associated with transporting dangerous goods. This process begins with identifying hazards, which is crucial for recognizing potential dangers that could arise during transport. Once hazards have been identified, the next step is to assess the risks linked to those hazards. This involves analyzing the likelihood of an incident occurring and the potential consequences if it does.

Following the risk assessment, precautionary measures must be implemented to mitigate identified risks. These measures may include using appropriate packaging, putting safety protocols in place, training personnel, and ensuring compliance with regulations. This systematic approach ensures a thorough evaluation of risks and the application of necessary precautions to ensure safe transport, protecting both people and the environment.

The other options do not encompass this full cycle of risk assessment. For instance, simply implementing cost-cutting measures or focusing only on delivery time does not address the necessary safety considerations. Similarly, identifying hazards without evaluating their associated risks or preparing precautionary measures would leave significant gaps in safety management.