There is a fine line here separating hazard from risk and issue.
Everything we do exposes us to hazards. Stairs can be a hazard. Poor project sponsorship can be a hazard. In construction, a wet floor might be a hazard. How we handle and react to it (put up signs, walk slowly, don't bring in electrical wires) determines the risk. When we slip and fall, its an issue or a risk which has happened due to the hazard and our reaction to it.