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No, the compound noun 'risk assessment' is a common noun; a general word for the process of identifying potential hazards an organization may face and analyzing methods of response if exposure occurs; a word for any risk assessment of any kind.

A proper noun is the name or title of a specific person, place, or thing; for example, "A Community Guide to Superfund Risk Assessment" published by the US Environmental Protection Agency.

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Q: Is risk assessment a proper noun?
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