Which management process recognizes, examines, and corrects hazards to prevent their future occurrence?

The management process that recognizes, examines, and corrects hazards to prevent their future occurrence is Incident Management. This process is primarily focused on addressing and resolving incidents that disrupt normal service operations. It aims to restore service as quickly as possible and minimize the negative impact on business operations. A critical aspect of Incident Management includes analyzing the root cause of incidents to implement corrective actions that prevent recurrence.

Through this approach, organizations can systematically identify hazards and vulnerabilities in their IT infrastructure and service delivery. By doing so, they can address underlying issues rather than just treating symptoms, thereby enhancing overall operational resilience and security.

The other choices involve different scopes and activities. For example, Problem Management seeks to identify and manage the underlying causes of incidents, but it typically comes into play after incidents are reported. Continuity Management focuses on maintaining operations during disruptive events. Change Management deals with changes in the IT environment to minimize service disruption, rather than directly addressing previously occurring incidents or hazards.