What are the logical steps for a risk driven approach? Arrange the following in the correct sequence, beginning with the first step.

The first step in a risk-driven approach is to identify potential risks that could negatively impact objectives and opportunities that could lead to improved results.

Once risks and opportunities are recognized, they need to be analyzed to understand their nature, likelihood, and potential impact. This allows for prioritization based on their significance.

Based on the examination and prioritization, specific actions are planned to address the identified risks (e.g., mitigate, avoid, transfer) and to seize or enhance opportunities.

The planned actions to address risks and opportunities are put into practice.

After implementation, the effectiveness of the actions taken is evaluated to determine if the risks have been adequately addressed and if opportunities have been successfully optimized.

The final step involves using the lessons learned from assessing the effectiveness of the implemented plans to continually improve the risk management process and the overall quality management system.

The correct sequence is:

1. Recognizing risks and opportunities.
2. Examine and prioritize recognized risks and opportunities.
3. Plan actions to mitigate risk or optimize opportunities.
4. Implement plan.
5. Assess effectiveness of implemented plan.
6. Improve continually by learning from experience.