Composite Risk Management Army/Civilian Questions and Answers Graded A+

Composite Risk Management Army/Civilian Questions and Answers Graded A+ 1-What is the definition of Risk Management? A: The Army's primary decision making process, used by employees and managers, for identifying hazards and controlling risks 2-What is the five step process? A: Identify hazards, assess hazards, develop controls and make risk decisions, implement controls, supervise and evaluate. 3-What are the factors that cause accidents? A: Environment, human, material 4-Which of the following represents a principle of risk management? A: Risk management must be applied cyclically and continuously 5-What are the three basic categories of control? A: Educational/awareness, physical, hazard elimination 6-How do you implement controls? A: Ensure controls are communicated to those involved in the activity. 7-Once controls are implemented, how do you supervise and evaluate? A: You make on the spot corrections. 8-What is a Risk Assessment Matrix? A: A matrix that defines the level of risk based on the probability and severity of a hazardous event. 9-What is probability? A: The likelihood of an event taking place. 10-What is severity? A: The degree to which an incident will impact task achievement or organizational readiness. 11-What is risk? A: The chance of something going wrong, resulting in injury, damage, or loss. 12-What is a risk decision? A: A decision based on what constitutes an acceptable level of risk. 13-Situation: You have been told that your office will be moving. You check out your new area and notice that the LAN connection for your printer is across an aisle and there is only one outlet in your area. You have numerous electrical devices that must be... A: Possible electrical surge due to overloading socket