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Questions and Answers
What is the definition of Risk according to the text?
What is the definition of Risk according to the text?
- Any event that could have resulted in injury and illness
- An unplanned event resulting in death or injury
- Expression of impact and possibility of a mishap in terms of potential mishap severity and probability of occurrence (correct)
- An undesirable and unexpected event
What is the definition of Hazard according to the text?
What is the definition of Hazard according to the text?
- Degree of freedom from harm or danger
- Any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of a system, equipment or property; or damage to the environment (correct)
- An expression of the impact and possibility of a mishap in terms of potential mishap severity and probability of occurrence
- An undesirable and unexpected event
What is the definition of Mishap according to the text?
What is the definition of Mishap according to the text?
- Any event that could have resulted in injury and illness
- An unplanned event or series of events resulting in death, injury, occupational illness, damage to or loss of equipment or property, or damage to the environment (correct)
- Expression of impact and possibility of a mishap in terms of potential mishap severity and probability of occurrence
- An undesirable and unexpected event
What is the definition of Incident according to the text?
What is the definition of Incident according to the text?
What is the definition of Safety according to the text?
What is the definition of Safety according to the text?
What is the formal definition of Individual Risk (IR) as per the text?
What is the formal definition of Individual Risk (IR) as per the text?
What is the definition of Societal Risk (SR) according to the text?
What is the definition of Societal Risk (SR) according to the text?
What does the formula 𝐑 = 𝑷 × 𝑪γ represent in the context of Risk Assessment?
What does the formula 𝐑 = 𝑷 × 𝑪γ represent in the context of Risk Assessment?
What is the purpose of (F-N) curves in the context of Risk Assessment?
What is the purpose of (F-N) curves in the context of Risk Assessment?
What does the activity/agent ranking by Risk Analyst and non-Risk Analyst indicate?
What does the activity/agent ranking by Risk Analyst and non-Risk Analyst indicate?
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Study Notes
Risk and Hazard Definitions
- Risk: the likelihood and potential impact of an adverse event or circumstance
- Hazard: a situation or substance that has the potential to cause harm
- Mishap: an unintended event or sequence of events that results in damage or injury
- Incident: an event that does not result in damage or injury, but has the potential to do so
- Safety: a state of being where the risk of harm is minimized or eliminated
Risk Assessment Definitions
- Individual Risk (IR): the frequency at which an individual is expected to be killed or seriously injured
- Societal Risk (SR): the frequency of multiple fatalities or serious injuries in a single event
Risk Assessment Formulas
- 𝐑 = 𝑷 × 𝑪γ: represents the risk calculation formula, where 𝐑 is risk, 𝑷 is probability, and 𝑪 is consequence
- F-N curves: used to display and compare the frequency of accidents with multiple fatalities
Risk Ranking
- Activity/agent ranking by Risk Analyst: ranking of activities or agents by a risk analyst based on their risk level
- Activity/agent ranking by non-Risk Analyst: ranking of activities or agents by a non-risk analyst, indicating their perceived risk level
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