Composite Risk Management Flashcards
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Questions and Answers

What is the definition of Risk Management?

The Army's primary decision making process, used by employees and managers, for identifying hazards and controlling risks.

What is the five-step process of risk management?

Identify hazards, assess hazards, develop controls and make risk decisions, implement controls, supervise and evaluate.

What are the factors that cause accidents?

Environment, human, material.

Which of the following represents a principle of risk management?

<p>Risk management must be applied cyclically and continuously.</p> Signup and view all the answers

What are the three basic categories of control?

<p>Educational/awareness, physical, hazard elimination.</p> Signup and view all the answers

How do you implement controls?

<p>Ensure controls are communicated to those involved in the activity.</p> Signup and view all the answers

Once controls are implemented, how do you supervise and evaluate?

<p>1.Supervisors delegate the implementation of controls; 2.Managers &amp; Supervisors ensure that controls are integrated into local policy.</p> Signup and view all the answers

What is a Risk Assessment Matrix?

<p>A matrix that defines the level of risk based on the probability and severity of a hazardous event.</p> Signup and view all the answers

What is probability?

<p>The likelihood of an event taking place.</p> Signup and view all the answers

What is severity?

<p>The degree to which an incident will impact task achievement or organizational readiness.</p> Signup and view all the answers

What is risk?

<p>The chance of something going wrong, resulting in injury, damage, or loss.</p> Signup and view all the answers

What is a risk decision?

<p>A decision based on what constitutes an acceptable level of risk.</p> Signup and view all the answers

In which step of the five steps RM process is the METT-TC analysis conducted?

<p>Identify hazards.</p> Signup and view all the answers

What should you do in a situation where someone is injured during water basketball?

<p>Alert the lifeguard to the injury, and report the injury to your supervisor.</p> Signup and view all the answers

In a situation where you are tasked to reposition trailers at night, what should you do if you cannot see well?

<p>Notify the supervisor you cannot accomplish the mission without help.</p> Signup and view all the answers

How do you identify hazards?

<p>You observe an actual or potential condition, situation, or event that can result in injury.</p> Signup and view all the answers

What type of error or factor is the leading cause of accidents?

<p>Human.</p> Signup and view all the answers

What is the probability and severity of vehicle rollovers during a ski vacation?

<p>High.</p> Signup and view all the answers

What is the probability and severity of hazards after reassessing two different hazards?

<p>High.</p> Signup and view all the answers

Study Notes

Risk Management Overview

  • Risk Management is the Army's primary decision-making process for identifying hazards and controlling risks.
  • It is utilized by both employees and managers to ensure safety and operational effectiveness.

Five-Step Risk Management Process

  • Steps include:
    • Identify hazards
    • Assess hazards
    • Develop controls and make risk decisions
    • Implement controls
    • Supervise and evaluate

Accident Causation Factors

  • Key factors that result in accidents:
    • Environmental conditions
    • Human errors
    • Material failures

Principles of Risk Management

  • Must be applied cyclically and continuously for effectiveness.

Categories of Controls

  • Three basic types of control:
    • Educational or awareness initiatives
    • Physical controls to mitigate risks
    • Hazard elimination strategies

Implementing Controls

  • Effective communication of controls to those involved in activities is essential.

Supervision and Evaluation

  • Proper supervision involves integrating controls into local policy rather than just delegating implementation.

Risk Assessment Matrix

  • A tool used to define levels of risk based on the probability and severity of hazardous events.

Definitions

  • Probability: Likelihood of an event occurring.
  • Severity: Impact degree on task achievement or organizational readiness.
  • Risk: Chance of adverse events such as injuries, damages, or losses.
  • Risk Decision: Determination of an acceptable level of risk.

Situational Awareness

  • Recognizing potential hazards, such as electrical surges from overloaded sockets or dangerous behavior during recreational activities is crucial.
  • Effective responses to identified risks include alerting authorities (e.g., lifeguards) and notifying supervisors of concerning situations.

Identification of Hazards

  • Hazards can be identified by observing actual or potential unsafe conditions that may cause injury.

Driving and Safety Regulations

  • Safety protocols must be adhered to, especially in situations involving long-distance travel or delegating responsibilities to inexperienced personnel.

Human Error

  • The leading cause of accidents is attributed to human factors, reinforcing the importance of training and awareness.

Assessing Hazards

  • Regular reassessment of hazards is vital. Understanding changes in probability and severity helps determine the overall risk level associated with them.

Summary of Risk Levels

  • A high-risk level is indicated when hazards have significant probability and severity, emphasizing the need for rigorous risk management practices.

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Test your knowledge on Composite Risk Management with these flashcards. Learn the definition of risk management, the five-step process, and other crucial factors that contribute to effective risk assessment. Perfect for Army personnel and civilians alike to enhance their understanding of risk management practices.

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