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Phcle Core Review Answers And Questions Set A.pdf

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PHCLE CORE REVIEW ANSWERS AND QUESTIONS SET A.pdf

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PHCLE CORE REVIEW ANSWERS AND QUESTIONS
SET A+
✔✔overall risk - ✔✔place incidents on a matrix based on level of impact and likelihood
of occurrence

✔✔positional bargaining - ✔✔negotiation strategy that involves holding to a fixed idea
or position

✔✔qualitative risk assessment - ✔✔risk analysis approaches that involve intangible
assessments

✔✔quantitative risk assessment - ✔✔involves using math and data to understand risl

✔✔relative risk - ✔✔identify potential risks/threats to the organization and prioritize
them based on their impact and likelihood of occurrence

✔✔return on investment - ✔✔calculates the benefits/earnings from the investment as a
percentage or ratio of the original amount invested
(benefits-costs)/costs

✔✔risk assessment - ✔✔the process of identifying potential hazards and issues that
could harm or stop a project, plan, process, person or organization

✔✔risk matrix - ✔✔a tool for prioritizing risk in which risks are measured on a scale of
their likelihood or occurrence and the severity

✔✔risk mitigation - ✔✔the process of implementing strategies to address risk

✔✔risk monitoring - ✔✔the process of keeping a continuous pulse on risk and the
results of selected risk management strategies

✔✔total cost calculations - ✔✔assesses whether adequate resources are available to
implement a new program or scale up an existing program

,✔✔types of risk - ✔✔types of risk include strategic, financial, operational, compliance,
and environmental risks

✔✔5 ways analysis - ✔✔an iterative questioning process that involves asking why
repeatedly to uncover the root cause of an issue

✔✔applicant tracking system - ✔✔manage recruiting and hiring processes

✔✔change management - ✔✔a systematic approach to implementing change
successfully across an organization

✔✔dashboard - ✔✔a tool that displays real-time or near real time information and is
used to monitor and improves processes

✔✔DMAIC - ✔✔Define, Measure, Analyze, Improve and Control- a data driven cycle for
problem solving

✔✔Employee Self Service - ✔✔a technology that allows employees to complete HR
and other administrative tasks on their own

✔✔fishbone diagram - ✔✔a root cause analysis tool used to brainstorm and categorize
potential causes of a problem

✔✔HRIS - ✔✔software used to maintain a centralized repository of people related data

✔✔input measures - ✔✔the amount of resources put into a process or the preconditions
necessary for the transformation process

✔✔KPI - ✔✔Key Performance Indicator, quantifiable measures that show the extent to
which an organization knowledge to make it accessible and usable

✔✔lagging indicator - ✔✔Measures performance after a process outcome starts to
follow trend.

✔✔leading indicator - ✔✔measures performance before a process outcome starts to
follow trend

✔✔Lean six sigma - ✔✔a methodology of continuous improvement focused on
minimizing waste and variation

✔✔outcome measures - ✔✔data on changes or benefits to the customer, shows what
outputs of a process accomplish

, ✔✔output measures - ✔✔data on the number of products or services produced/
delivered by a process

✔✔problem statement - ✔✔clear focused statement that serves as the starting point for
a root cause analysis

✔✔process - ✔✔a defined sequence of repeatable actions intended to produce a
desired outcome

✔✔process map - ✔✔a representation of how a process functions at a specific time

✔✔process measures - ✔✔data on how services are provided or products are created

✔✔reliability - ✔✔the extent to which a data collection procedure yields consistent
results on repeated trials

✔✔root cause anaylsis - ✔✔tools used to uncover main causes of an issue. 6 M's

✔✔scorecard - ✔✔a tool that is updated quarterly or annually and displays high level
metrics that are linked to strategic goals

✔✔SIPOC - ✔✔a tool that provides a high level view of the key elements of a process

✔✔swim lane diagram - ✔✔process map that distinguishes which employee or work
group has responsibility for each step of the process

✔✔validity - ✔✔the extent to which a data collection procedure measures what it is
supposed to measure

✔✔waste - ✔✔identifying and eliminating waste improves the output, reliability, and
quality or processes

✔✔web content accessibility guidelines - ✔✔guidelines that provides a shared,
international standard for web content accessibility

✔✔access - ✔✔the ability to use or obtain a resource, service or opportunity

✔✔bias - ✔✔a prejudice or preference in favor or of against a person, group, or idea

✔✔customer experience - ✔✔how customers perceive their interactions with your
organization or dept

✔✔customer focus - ✔✔an orientation toward meeting your customers needs

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