Which of the following is one of the key steps in the risk management process?

Implementing controls is a crucial step in the risk management process as it involves putting measures in place to mitigate identified risks. After identifying and assessing risks, the next logical step is to determine what controls can be applied to lessen the impact of those risks or to prevent them from occurring altogether. This can include policies, procedures, training, and other tools designed to safeguard assets and ensure safety.

By effectively implementing controls, an organization can manage its risks more proactively and ensure a safer and more efficient operational environment. This step is essential because, without proper controls, even the best risk assessments may fail to produce meaningful results, as they could leave vulnerabilities unaddressed.