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?
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What are the three basic categories of control?
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How do you implement controls?
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Once controls are implemented, how do you supervise and evaluate?
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What is a Risk Assessment Matrix?
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What is probability?
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What is severity?
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What is risk?
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What is a risk decision?
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In which step of the five steps RM process is the METT-TC analysis conducted?
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What should you do in a situation where someone is injured during water basketball?
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In a situation where you are tasked to reposition trailers at night, what should you do if you cannot see well?
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How do you identify hazards?
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What type of error or factor is the leading cause of accidents?
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What is the probability and severity of vehicle rollovers during a ski vacation?
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What is the probability and severity of hazards after reassessing two different hazards?
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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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Description
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.
