This sevenstep Risk Management Process Template depicts the decisionmaking process that includes political, social, economic, and engineering factors as well as relevant risk assessments relating to a potential hazard to develop, analyze, and compare regulatory options and select the best regulatory response for safety from that hazard. A systematic approach is used to identify and reduce the possibility of an unfavorable deviation from the expected result of medical treatment, thereby preventing patient injury due to negligence and financial asset loss due to such injury. Download this EdrawMax template online with the seven Step Risk Management Process Template.