Risk Management in Electrical Engineering
10 Questions
1 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

Risk identification is a deliberate and systematic effort to identify and document the Institution’s key ______.

risks

The objective of risk identification is to understand what is at risk within the context of the Institution’s explicit and implicit objectives and to generate a comprehensive inventory of ______ based on the threats and events that might prevent, degrade, delay or enhance the achievement of the objectives.

risks

This necessitated the development of risk identification guidelines to ensure that Institutions manage ______ effectively and efficiently.

risk

At the end of the chapter, the students should be able to: Discuss ______ in different aspects Show how to measure and prepare risk in an enterprise Differentiate between ______ and uncertainty

<p>risk</p> Signup and view all the answers

Everyone is exposed to some type of ______ everyday – whether it’s from driving, walking down the ______.

<p>risk</p> Signup and view all the answers

Match the following terms with their definitions from the text:

<p>Risk identification = Deliberate and systematic effort to identify and document the Institution’s key risks Learning Outcome = What students should be able to do at the end of the chapter Risk = What everyone is exposed to everyday Objective of risk identification = To understand what is at risk within the context of the Institution’s explicit and implicit objectives and to generate a comprehensive inventory of risks</p> Signup and view all the answers

Match the following concepts with their explanations from the text:

<p>Risk and Risk Identification = Chapter 1 of the module Risk in different aspects = One of the things students should be able to discuss at the end of the chapter Risk and Uncertainty = Concepts that students should be able to differentiate at the end of the chapter Risk Management = The topic of the module</p> Signup and view all the answers

Match the following parts of the text with their descriptions:

<p>Introduction = Explains the purpose and importance of risk identification Learning Content = Includes the definition of risk and its everyday nature Learning Outcome = States what students should be able to do after studying the chapter Risk and Risk Identification = Chapter title</p> Signup and view all the answers

Match the following terms with their mentions in the text:

<p>Institution = Entity whose risks are being identified and managed Risk Identification Guidelines = Developed to ensure effective and efficient risk management Enterprise = Where risk is measured and prepared Risk and Risk Identification = Module title</p> Signup and view all the answers

Match the following objectives with their explanations from the text:

<p>Objective of risk identification = To understand what is at risk within the context of the Institution’s explicit and implicit objectives and to generate a comprehensive inventory of risks Learning Outcome = What the students should be able to do at the end of the chapter Objective of risk management = To ensure that Institutions manage risk effectively and efficiently Risk in different aspects = One of the things students should be able to discuss at the end of the chapter</p> Signup and view all the answers

More Like This

Risk Identification and Management Quiz
5 questions
Risk Identification Techniques Quiz
27 questions
Risk Identification Objectives
30 questions
Use Quizgecko on...
Browser
Browser