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Questions and Answers
Which level of severity corresponds to death or permanent total disability?
Which level of severity corresponds to death or permanent total disability?
What is the term used for the likelihood of an incident occurring very often?
What is the term used for the likelihood of an incident occurring very often?
What would be categorized as a marginal risk?
What would be categorized as a marginal risk?
Which type of control is classified as educational?
Which type of control is classified as educational?
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What is the characteristic of an unlikely incident?
What is the characteristic of an unlikely incident?
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How is composite risk primarily represented?
How is composite risk primarily represented?
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What is the final step in the risk management process?
What is the final step in the risk management process?
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What must the CBA Ratio be to indicate a favorable scenario?
What must the CBA Ratio be to indicate a favorable scenario?
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Which behavior is considered a critical element in the Behavior-Based Safety process?
Which behavior is considered a critical element in the Behavior-Based Safety process?
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According to modern management theory, what is necessary for consequences to effectively motivate behavior?
According to modern management theory, what is necessary for consequences to effectively motivate behavior?
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What type of insurance is specifically designed for low probability, high-cost events?
What type of insurance is specifically designed for low probability, high-cost events?
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Which of the following is NOT one of the seven principles for auditing according to ISO 19011?
Which of the following is NOT one of the seven principles for auditing according to ISO 19011?
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What is speculative risk?
What is speculative risk?
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What is the main goal of safety and health programs in the workplace?
What is the main goal of safety and health programs in the workplace?
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Which step is NOT part of the general risk assessment process?
Which step is NOT part of the general risk assessment process?
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What is one benefit of implementing safety and health programs?
What is one benefit of implementing safety and health programs?
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What are the steps in NIOSH's process for conducting occupational risk assessments?
What are the steps in NIOSH's process for conducting occupational risk assessments?
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Which type of risk assessment is characterized by constant ongoing processes?
Which type of risk assessment is characterized by constant ongoing processes?
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What is NOT a factor to consider when designing a safety program?
What is NOT a factor to consider when designing a safety program?
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Which step is part of the EPA Human Health Risk Assessment process?
Which step is part of the EPA Human Health Risk Assessment process?
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What can be a crucial outcome of adhering to workplace safety and health programs?
What can be a crucial outcome of adhering to workplace safety and health programs?
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Which of the following workers commonly use dynamic risk assessments?
Which of the following workers commonly use dynamic risk assessments?
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What is the main difference between inductive and deductive hazard analysis?
What is the main difference between inductive and deductive hazard analysis?
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Which of the following best describes direct costs?
Which of the following best describes direct costs?
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What is meant by risk homeostasis?
What is meant by risk homeostasis?
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Which analysis technique is considered deductive?
Which analysis technique is considered deductive?
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What is the Monte Carlo Method primarily used for?
What is the Monte Carlo Method primarily used for?
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How is the concept of mutually exclusive events defined?
How is the concept of mutually exclusive events defined?
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Which statement about FTA is incorrect?
Which statement about FTA is incorrect?
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What aspect do tangible costs relate to?
What aspect do tangible costs relate to?
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What is the purpose of risk management?
What is the purpose of risk management?
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What is the reliability of a system consisting of 100 components in series, each with a reliability of 0.9900?
What is the reliability of a system consisting of 100 components in series, each with a reliability of 0.9900?
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What does a chi-square statistic equal to 0.01 indicate?
What does a chi-square statistic equal to 0.01 indicate?
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What type of error occurs when the null hypothesis is accepted when it is false?
What type of error occurs when the null hypothesis is accepted when it is false?
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What is generally considered the responsibility of risk management?
What is generally considered the responsibility of risk management?
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Which of the following is a common mistake during hypothesis testing?
Which of the following is a common mistake during hypothesis testing?
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What does the 'bathtub' curve illustrate?
What does the 'bathtub' curve illustrate?
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In the context of behavioral observation, what is typically reported?
In the context of behavioral observation, what is typically reported?
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What is the primary purpose of event tree analysis (ETA)?
What is the primary purpose of event tree analysis (ETA)?
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What does reliability bonding refer to?
What does reliability bonding refer to?
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What is the significance of a change analysis in safety assessments?
What is the significance of a change analysis in safety assessments?
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Study Notes
Risk Management Principles
- Risk is defined as the chance or probability of injury, loss, or hazard occurrence.
- Risk assessment is evaluating risks to make decisions and implement control measures.
- A hazard is a condition that can cause injury, illness, death, or property damage.
- Hazard identification is finding potential hazards in a work area.
- Probability is the likelihood of an event occurring.
- Severity is the degree of undesired consequences.
- Risk management involves hazard identification, assessment, control development, implementation, supervision, and evaluation.
- The five basic steps are hazard identification, assessment, control development and decision-making, and implementation.
Degree of Severity
- Catastrophic: Death or complete disability; project failure; major system/equipment loss; severe environmental damage.
- Critical: Permanent partial disability, significant property/environmental damage; major equipment/system damage; major project capability degradation.
- Marginal: Minor injuries; slight damage to equipment, systems, or environment; minimal impact on project capability.
- Negligible: First aid, minor treatment; slight equipment/system damage, no environmental damage; little to no impact on project capability.
Hazard Probability
- Frequent: Very often occurring, known to happen regularly.
- Likely: Occurs several times, common occurrence.
- Occasional: Occurs sporadically, but not uncommon.
- Seldom: Remotely possible, rare occurrence.
- Unlikely: Remote, unlikely to occur; usually several things need to go wrong before an event occurs.
Control Types
- Educational: Based on employee knowledge and skills; implemented through training.
- Physical: Barriers, guards, signs to warn of hazards.
- Avoidance: Supervisors/managers take positive action to prevent contact with hazards.
Risk Management Principles
- Peter Principle: Promotions to a level of incompetence.
- Parkinson's Principle: Work expands to fill the time allotted.
- Pareto Principle: 80/20 rule; 20% of employees responsible for 80% of the work/accidents.
Risk Management Process
- Hazard identification.
- Hazard assessment.
- Control development/decision making.
- Implementation.
- Supervision and evaluation.
Risk Communication
- Be honest, frank, and open.
- Listen to concerns from the public.
- Plan and evaluate all communication efforts.
- Work with credible sources.
- Meet the needs of the media.
- Speak clearly with compassion.
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Description
Test your knowledge on key concepts of risk management, including classification of risks, safety principles, and the behavior-based safety process. This quiz covers various terms and principles essential for understanding risk assessment and management in workplace safety. Challenge yourself and see how well you understand these critical topics!
