risk analysis quiz 1

8 Questions

What is a critical component in achieving progress in safety records?

Enforcement of rules

What is the primary difference between direct and indirect costs associated with incidents?

Direct costs include medical expenses and compensation, while indirect costs are hidden

What type of costs include medical expenses and compensation paid to an injured employee?

Direct costs

What is the relationship between indirect costs and direct costs?

Indirect costs are four times direct costs

What is a potential consequence of not enforcing safety rules?

No improvement in safety records

What type of cost is associated with repair or replacement of damaged items?

Direct cost

What is an example of a hidden cost associated with incidents?

Loss of productivity

What is the primary focus of integrating the three Es?

Making progress in safety records

Study Notes

Calculating Incident Rate

The company experienced 10 recordable injuries and illnesses among employees, but the total hours worked are required to calculate the incident rate.

Types of Accident Causes

There are two fundamental types of accident causes: unsafe actions and unsafe conditions.

Incident vs. Accident

Some organizations use the term "incident" instead of "accident" to avoid the connotation of chance.

Occupational Health and Safety Administration

The Occupational Health and Safety Administration (OSHA) oversees workplace safety.

Incident Rate Example

XYZ Machine Company had 192 employees who worked a total of 385,728 hours in a calendar year.

Importance of the Three Es

The three Es (enforcement, engineering, and education) must be systematically integrated to make progress in improving safety records.

Direct and Indirect Costs

Direct costs include medical expenses, compensation for time away from work, and costs for repair or replacement of damaged items.
Indirect costs are 4 times higher than direct costs and include hidden costs associated with incidents.