Which step in the risk management cycle involves supervising and evaluating?

The step in the risk management cycle that involves supervising and evaluating is rightly identified as "Supervise and evaluate." This step is crucial because it ensures that the controls and interventions implemented to mitigate risks are functioning as intended. It allows for ongoing observation of the risk environment, assessing whether the strategies in place are effective in managing hazards.

During the supervision phase, individuals monitor adherence to safety protocols and evaluate the effectiveness of risk controls. This can involve direct observation, regular audits, or collecting feedback from personnel affected by the implemented measures. The evaluation part is essential to determine if the hazards remain adequately controlled, or if changes in the environment require updates to the risk management plan.

In contrast, the other steps in the risk management cycle—assessing hazards, developing controls, and identifying hazards—are focused on the initial stages of recognizing and planning for potential risks. They deal with identifying what could go wrong and what measures to put in place to prevent such occurrences, but they do not specifically address the ongoing process of monitoring and evaluating those measures.