I. INTRODUCTION
For more than 10 years, there has been increasing emphasis that the application of risk assessment methodologies is needed to further reduce serious injuries and fatalities in the U.S. [1] [2]. In 2010, David Michaels, the assistant director of the U.S. Department of Labor stated that employers needed to move beyond simple compliance with regulations by incorporating risk-based approaches to complement compliance. In 2016, OSHA published recommendations that included a guide for risk assessments [3]. In 2015, NFPA 70E added requirements for performing shock and arc flash risk assessments in task planning and also enhanced Annex F as a resource to help implement electrical hazard risk assessment. The effectiveness of adding risk assessments to complement compliance with the minimum requirements provided in regulations and standards is dependent on the knowledge and competency of individuals performing the risk assessments. One variable impacting the quality of performing risk assessments includes the basic assumptions in defining risk.