10 Questions
What is the definition of a hazard?
A potential source of harm
What is risk assessment?
The process of completing risk analysis and risk evaluation
What is residual risk?
The risk remaining after protective measures have been taken
What is risk control?
The process through which decisions are reached and protective measures are implemented for reducing or maintaining risks
What is the definition of risk management?
The systematic application of management policies, procedures, and practices toward analyzing, evaluating, and controlling risk
What is the main purpose of Risk Management?
To identify and assess potential risks
What is the significance of monitoring and reporting on risk management?
To demonstrate good governance and management
In the Risk Management Cycle, what does Step 4 primarily involve?
Evaluating controls in place to prevent or limit risk
What is the objective of categorizing risks?
To cluster risks into meaningful and actionable groupings
What is the purpose of identifying and assessing relevant risks in the Risk Management process?
To prevent or minimize their impact on objectives
Test your understanding of the introduction to risk management and analysis in safety engineering, covering concepts like risk, hazard, and probability of harm occurrence and severity. This quiz is based on the course material for Safety Engineering – IE 322 Chapter I at University of BISHA College of Engineering.
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