Risk Management Domain 3 Quiz
41 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the formula for calculating the Success Rate in the context provided?

  • successes / attempts (correct)
  • 1 - (failures / attempts)
  • attempts / successes
  • successes / (1 - failures)

Which of the following statements about Descriptive Epidemiology is accurate?

  • It tests hypotheses through experimental study.
  • It constructs study groups artificially for outcome observation.
  • It observes existing groups without experimental manipulation. (correct)
  • It only focuses on specific diseases without examining dose-response relationships.

What are the responsibilities for effective risk communication as mentioned?

  • Prioritize self-assessment over public feedback.
  • Avoid discussing strengths and weaknesses during communication.
  • Coordinate with credible sources and be open to public concerns. (correct)
  • Communicate only with those who share the same viewpoints.

What is the primary function of occurrence insurance?

<p>It covers incidents that occur during the policy period. (D)</p> Signup and view all the answers

What is the role of ASTM International?

<p>To create standards for testing and materials. (B)</p> Signup and view all the answers

What is a characteristic of speculative risk?

<p>It can be voluntarily assumed and may lead to either profit or loss. (C)</p> Signup and view all the answers

Which of the following is NOT a goal of safety and health programs?

<p>Engage workers in corporate decision-making. (C)</p> Signup and view all the answers

What is one of the steps in the NIOSH three-step process for conducting occupational risk assessments?

<p>Identify the hazard. (D)</p> Signup and view all the answers

In dynamic risk assessments, which of the following is crucial to the process?

<p>Constantly ongoing identification and evaluation. (A)</p> Signup and view all the answers

Which step comes last in the general risk assessment process?

<p>Review the results. (A)</p> Signup and view all the answers

Which of the following is a component of the EPA Human Health Risk Assessment process?

<p>Risk Characterization. (D)</p> Signup and view all the answers

What factor must be considered when designing a safety program?

<p>Psychological factors such as motivation and attitude. (A)</p> Signup and view all the answers

What does FMEA primarily focus on when analyzing a system?

<p>Analyzing individual failure events in a system (D)</p> Signup and view all the answers

Which of the following is NOT a category of hazards mentioned?

<p>Technological advancements (C)</p> Signup and view all the answers

What is the purpose of a common cause failure analysis?

<p>To identify shared causal factors among multiple components (C)</p> Signup and view all the answers

What type of analysis is primarily considered a bottom-up method?

<p>Inductive analysis methods (C)</p> Signup and view all the answers

What aspect does a system hazard analysis focus on?

<p>Interrelationships among various parts of a system (A)</p> Signup and view all the answers

What does the sneak circuit analysis reveal?

<p>Unintended energy pathways that can cause malfunction (B)</p> Signup and view all the answers

What is the primary outcome of a preliminary hazard analysis?

<p>To conduct initial evaluations that inform design and manufacturing decisions (C)</p> Signup and view all the answers

What defines a safety-critical computer software component?

<p>A software component whose errors can create a hazard (B)</p> Signup and view all the answers

Which analysis method is characterized by starting from known effects to search for potential causes?

<p>Deductive analysis methods (D)</p> Signup and view all the answers

What is considered a single failure point?

<p>A single unit whose failure results in significant operational loss (D)</p> Signup and view all the answers

Which worker group is least likely to utilize dynamic risk assessments?

<p>Manufacturing engineers (C)</p> Signup and view all the answers

Which of the following statements accurately describes the deductive approach in formal hazard analysis?

<p>It begins with a top-level event to find specific causes. (A)</p> Signup and view all the answers

What type of risk management focuses on eliminating discrepancies between perceived and target levels of risk?

<p>Risk homeostasis (D)</p> Signup and view all the answers

Which of the following is characterized as an intangible cost?

<p>Loss of reputation (C)</p> Signup and view all the answers

What is a key characteristic of independent events in probability?

<p>The occurrence of one does not affect the probability of another. (C)</p> Signup and view all the answers

In fault tree analysis, which type of fault tree can be qualitative?

<p>Some qualitative, some quantitative (D)</p> Signup and view all the answers

What technique was developed by the Scandia Corporation to predict human error?

<p>THERP (B)</p> Signup and view all the answers

Which statement correctly describes the Monte Carlo Method used in risk analysis?

<p>It simulates complex systems using random sampling. (C)</p> Signup and view all the answers

Which of the following best defines risk management?

<p>The eradication or minimization of adverse effects of risks. (D)</p> Signup and view all the answers

What does the 'bathtub' curve illustrate in relation to component failure?

<p>The stages of component life and associated failure rates (C)</p> Signup and view all the answers

How is the reliability of a system composed of components in series calculated?

<p>By multiplying the reliabilities of all components (B)</p> Signup and view all the answers

What defines a Type I error in hypothesis testing?

<p>Rejecting the null hypothesis when it is true (B)</p> Signup and view all the answers

What is the consequence of a chi-square statistic equal to 0.01?

<p>The results have a 1% probability of error (A)</p> Signup and view all the answers

In the context of risk management, what must be assessed if a risk is not considered acceptable?

<p>The risk mitigation strategies (B)</p> Signup and view all the answers

What technique envisions a 'primitive' system to evaluate control effects?

<p>Naked Man Technique (C)</p> Signup and view all the answers

What is the primary purpose of feedback in a behavioral observation process?

<p>To report group behavior results (D)</p> Signup and view all the answers

Which formula represents the relationship between the mean time between failures and system reliability?

<p>Rt = e-λτ (D)</p> Signup and view all the answers

What is NOT considered appropriate when assessing the reliability of a system?

<p>Reliability bonding (A)</p> Signup and view all the answers

How does a change analysis contribute to safety analyses?

<p>By providing documentation and feedback on changes (A)</p> Signup and view all the answers

Flashcards

Speculative risk

A type of risk that can be taken on voluntarily and will either result in a profit or loss, such as gambling.

Safety and health program goal

The main objective of safety and health programs is to prevent workplace injuries, illnesses, and fatalities, as well as their consequences for workers, their families, and employers.

Risk assessment

A systematic process used to identify, assess, and control hazards in the workplace.

NIOSH's Risk Assessment Steps

NIOSH's three-step process for conducting occupational risk assessments includes identifying the hazard, assessing the exposure-response relationship, and characterizing the workplace risk.

Signup and view all the flashcards

EPA Human Health Risk Assessment Steps

The EPA Human Health Risk Assessment involves a four-step process: hazard identification, dose-response assessment, exposure assessment, and risk characterization.

Signup and view all the flashcards

Dynamic Risk Assessment

Risk assessments that are conducted repeatedly to address changing situations and newly identified risks.

Signup and view all the flashcards

Psychological factors in safety program design

These assessments consider psychological factors such as individual differences, motivation, emotion, attitude, and learning in the design of safety programs.

Signup and view all the flashcards

Critical Incident Technique

A method of identifying errors and unsafe conditions that lead to potential or actual accidents by studying a sample of participants and observers.

Signup and view all the flashcards

Indemnification Agreement

A contract that protects one party from risks or liabilities caused by the other party.

Signup and view all the flashcards

Descriptive Epidemiology

The observation of outcomes in existing groups, examining the relationship between exposure and outcome.

Signup and view all the flashcards

Occurrence Insurance

Insurance that covers incidents that occur during the policy period, regardless of when the claim is made.

Signup and view all the flashcards

Claims-Made Insurance

Insurance that covers claims made during the policy period, even if the incident occurred earlier.

Signup and view all the flashcards

Formal Hazard Analysis

A formal method of identifying hazards and analyzing potential risks, using a structured approach.

Signup and view all the flashcards

Inductive Hazard Analysis

A bottom-up approach to hazard analysis, starting with specific observations and data to draw general conclusions.

Signup and view all the flashcards

Deductive Hazard Analysis

A top-down approach to hazard analysis, starting with general assumptions and principles to deduce specific outcomes.

Signup and view all the flashcards

Tangible Cost

A cost that is easily identifiable and measurable, such as the price of materials or salaries.

Signup and view all the flashcards

Intangible Cost

A cost that is not directly measurable, such as lost productivity or damage to reputation.

Signup and view all the flashcards

Risk Management

The process of identifying, evaluating, and controlling risks to minimize their impact.

Signup and view all the flashcards

Fault Tree Analysis (FTA)

A technique that examines the causes of failures, starting from the top-level event and working down to the root cause.

Signup and view all the flashcards

Monte Carlo Simulation

A method used to analyze complex systems by simulating their behavior, taking into account random variables.

Signup and view all the flashcards

What is a failure?

A failure occurs when a system, subsystem, component, or part deviates from its intended design parameters.

Signup and view all the flashcards

What are the three factors that influence risk?

Exposure, consequence, and likelihood are the three key factors that contribute to the uncertainty of risk.

Signup and view all the flashcards

What is a system hazard analysis?

A formal analysis that identifies potential hazards within a system and suggests mitigation strategies.

Signup and view all the flashcards

What is a common cause failure analysis?

A technique used to identify a single event or causal factor that can simultaneously affect multiple components, potentially causing them to fail.

Signup and view all the flashcards

What is an inductive analysis?

An analysis technique that starts with known causes and works its way up to identify potential effects. It's often used for analyzing single component failures.

Signup and view all the flashcards

What is a deductive analysis?

An exploratory analysis method that starts with a known effect and works backward to find possible causes.

Signup and view all the flashcards

What is a preliminary hazard analysis?

A tool that identifies potential hazards early in the product development cycle, which helps make informed design and manufacturing decisions.

Signup and view all the flashcards

What is a single failure point?

The failure of a single piece of hardware that directly leads to loss of life, a vehicle, or mission.

Signup and view all the flashcards

What is sneak circuit analysis?

A failure analysis technique that focuses on identifying unintended energy pathways that can cause undesired functions, prevent intended functions, or affect the timing of operations.

Signup and view all the flashcards

What are safety-critical computer software components?

Software components whose errors can lead to hazards or loss of predictability or control of a system.

Signup and view all the flashcards

Bathtub Curve

A graphical representation that illustrates the relationship between component failure rates and time. It's shaped like a bathtub, showing an initial high failure rate (burn-in), followed by a stable period, and finally a rise in failures due to wear and tear.

Signup and view all the flashcards

Reliability

The probability of a single component working properly within a specified period. It's represented by Rt.

Signup and view all the flashcards

Series System Reliability

A series system's reliability is the product of the reliabilities of all its components. If one component fails, the whole system fails.

Signup and view all the flashcards

Hypothesis Test

A test used to determine if there is enough evidence to reject the null hypothesis. A type I error occurs when you reject a true hypothesis, while a type II error occurs when you fail to reject a false hypothesis.

Signup and view all the flashcards

Behavioral Observation

A process that aims to improve safety by observing behaviors and providing feedback on the percentage of safe behaviors observed.

Signup and view all the flashcards

Risk Analysis

A systematic approach to identifying and managing potential risks associated with a system or activity.

Signup and view all the flashcards

Event Tree Analysis (ETA)

A technique used to analyze potential consequences of various events (challenges) by exploring different responses to them.

Signup and view all the flashcards

Naked Man Technique

A brainstorming approach to identifying potential risks by systematically adding controls to a system. It starts by assuming a completely unprotected system (naked man).

Signup and view all the flashcards

Human Error Analysis

A structured approach to identifying and controlling human errors. It involves selecting an event, identifying tasks, analyzing behaviors, and assigning error rates.

Signup and view all the flashcards

Change Analysis

A technique used to formally document and provide feedback on any changes made to a product's safety analysis throughout its lifecycle.

Signup and view all the flashcards

Study Notes

Risk Management: Domain 3

  • Hazard Identification: First step in risk management, involves identifying potential hazards.
  • Assessment: Evaluating hazards based on their severity and probability.
  • Management: Implementing controls to mitigate identified risks.
  • Supervise and Reevaluate: Monitoring the effectiveness of implemented controls and making necessary revisions.
  • Assessment of Hazards: Determining the degree of severity of identified hazards.
  • Implement Controls: Developing and putting into effect controls to prevent and/or respond to the hazard.
  • Controls Developed and Decisions Made: Finalizing risk management by implementing the most effective risk reduction strategies.

Degrees of Severity

  • Catastrophic: Death or permanent total disability, complete project failure or the inability to complete the project, loss of critical systems or equipment, severe environmental damage, unacceptable collateral damage.
  • Critical: Permanent partial disability or temporary total disability, extensive damage to equipment or systems, significant property or environmental damage, and significant collateral damage.
  • Marginal: Lost work day injuries, illnesses, minor equipment or system damage, minimal adverse impact and little/no property/environmental damage.
  • Negligible: First aid or minor medical treatment, minimal adverse impact on capability, minimal/no damage to equipment or environment.

Hazard Probability Rating

  • Frequent: Occurs very often, happens regularly.
  • Likely: Occurs several times, a common event.
  • Occasional: Occurs sporadically, not uncommon.
  • Seldom: Remotely possible.
  • Unlikely: Uncommon, event is less likely to occur.

Types of Controls

  • Educational controls: Based on employee knowledge and skills, implemented through training.
  • Physical controls: Barriers, guards, and warning signs to prevent hazards.
  • Avoidance: Supervisors and managers actively prevent contact or exposure to a hazard.

Systems Safety

  • Fail Safe Passive: Equipment stops operating automatically.
  • Fail Safe Active: Automatic emergency activation (lights etc).
  • Fail Safe Operational: Safest operation for people (e.g. autopilot in planes)

Risk Management

  • Risk: Probability of an injury, loss, or potential hazard occurring.
  • Risk Assessment: Evaluating the risks associated with each hazard.
  • Hazard: Condition with potential to cause injury, illness, or death.
  • Hazard Identification: Finding all hazards associated with specific jobs.
  • Probability: Likelihood of an event occurring.
  • Severity: Degree of unwanted consequences/ outcomes.
  • Risk Management Process Steps: Hazard identification, hazard analysis, development of controls, decision-making, implementation, and ongoing supervision and evaluation.

Risk Assessment Application

  • Dynamic Risk Assessments: Process that continually monitors hazards.
  • Generic Risk Assessment: Used for a generic or general evaluation.
  • Specific Risk Assessment: Used for a very specific or targeted evaluation.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Related Documents

Risk Management: Domain 3 PDF

Description

Test your knowledge on the key concepts of risk management, focusing on hazard identification, assessment, and management. This quiz covers the degrees of severity and the implementation of controls to mitigate risks effectively. Assess your understanding of the systematic process involved in effective risk management.

More Like This

Risk Management Overview
41 questions

Risk Management Overview

StablePraseodymium avatar
StablePraseodymium
Risk Management Overview
41 questions

Risk Management Overview

StablePraseodymium avatar
StablePraseodymium
Risk Assessment Basics
5 questions

Risk Assessment Basics

PersonalizedHeliotrope5783 avatar
PersonalizedHeliotrope5783
Use Quizgecko on...
Browser
Browser