Which of the following best describes static risk?

Static risk is best described as risks stemming from irregular natural actions or human mistakes. These types of risks are generally consistent and can be anticipated, as they do not fluctuate with changing conditions or alter due to dynamic environments. Instead, static risks are typically predictable and often related to systems or processes that may fail or experience accidents without being influenced by external or variable factors.

For example, an accident occurring in an industrial plant due to a malfunctioning machine would be categorized as a static risk. This contrasts with dynamic risks, which are influenced by external changes like technology advancements or market trends, making them more uncertain and speculative. Static risks primarily focus on the more predictable, inherent dangers present in established systems and practices.