Final answer:
Risk assessment tools are designed to determine the probability and severity of various hazard events. They help organizations and individuals evaluate potential risks and make informed decisions to mitigate those risks.
Step-by-step explanation:
Risk assessment tools are designed to determine the probability and severity of various hazard events. These tools help organizations and individuals evaluate potential risks and make informed decisions to mitigate those risks. For example, in the context of natural disasters, risk assessment tools can be used to assess the likelihood and potential impact of earthquakes, hurricanes, or floods in different areas, allowing authorities to allocate resources and plan evacuation measures.