ARM 401 Assignment 1 - Identifying
Risk
Antonia must first determine which technique (or strategies) she desires to use to pick out and
investigate FIFM's dangers. She desires to involve more than one people in the technique, so
she comes to a decision to go with a group method. Which of these team methods ought to
Antonia begin with?
A) Facilitated workshop
B) Delphi method
C) Scenario analysis
D) SWOT - ANS-A) Facilitated workshop
CraftNoise, Inc., makes speakers for clients' houses. Management is aware of that after a
purchaser has to return a faulty speaker, that purchaser will not go back to buy some other one.
As a end result, CraftNoise will now not tolerate having extra than 2 percentage of its speakers
again because of defects. Which one of the following is that this an instance of?
A) Setting a danger threshold
B) Creating a chance check in
C) Adopting a chance identifier
D) Building a fault tree - ANS-
Delmar AeroFab Inc. Is designing a component for a industrial plane that cannot have any
defects. Which of those crew-oriented techniques to hazard identification need to it adopt?
A) Facilitated Workshops
B) Delphi Technique
C) HAZOP
D) SWOT - ANS-C) HAZOP
Delphi Technique - ANS-Uses the evaluations of a choose institution of specialists to perceive
dangers. Typically, these experts do not meet however reply to a survey or inquiry as a
substitute.
Facilitated Workshops - ANS-A neutral celebration (the facilitator), who has no stake inside the
outcome or participation responsibilities, administers the risk workshop and propels the
organization to obtain its purpose.
Risk
Antonia must first determine which technique (or strategies) she desires to use to pick out and
investigate FIFM's dangers. She desires to involve more than one people in the technique, so
she comes to a decision to go with a group method. Which of these team methods ought to
Antonia begin with?
A) Facilitated workshop
B) Delphi method
C) Scenario analysis
D) SWOT - ANS-A) Facilitated workshop
CraftNoise, Inc., makes speakers for clients' houses. Management is aware of that after a
purchaser has to return a faulty speaker, that purchaser will not go back to buy some other one.
As a end result, CraftNoise will now not tolerate having extra than 2 percentage of its speakers
again because of defects. Which one of the following is that this an instance of?
A) Setting a danger threshold
B) Creating a chance check in
C) Adopting a chance identifier
D) Building a fault tree - ANS-
Delmar AeroFab Inc. Is designing a component for a industrial plane that cannot have any
defects. Which of those crew-oriented techniques to hazard identification need to it adopt?
A) Facilitated Workshops
B) Delphi Technique
C) HAZOP
D) SWOT - ANS-C) HAZOP
Delphi Technique - ANS-Uses the evaluations of a choose institution of specialists to perceive
dangers. Typically, these experts do not meet however reply to a survey or inquiry as a
substitute.
Facilitated Workshops - ANS-A neutral celebration (the facilitator), who has no stake inside the
outcome or participation responsibilities, administers the risk workshop and propels the
organization to obtain its purpose.
