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MNO3706 Assignment 1 Semester 2 2024 | Due August 2024

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MNO3706 Assignment 1 Semester 2 2024 | Due August 2024. All questions were answered with references. 1. Explain the use of the technique used to measure or manage risk. 2. Clarify the fundamental principles of learning. 3. Explain the four (4) step teaching method.

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, PLEASE USE THIS DOCUMENT AS A GUIDE TO ANSWER YOUR ASSIGNMENT

Please note that the author of this document will not responsibility for any plagiarizing you
commit.

1. Explain the use the technique used to measure or manage risk.

Risk management is a critical component of safety management systems, especially in environments
where potential hazards could lead to significant harm or losses. The process involves identifying,
assessing, and controlling risks to reduce them to acceptable levels. One widely used principle in risk
management is the "As Low As Reasonably Practicable" (ALARP) concept. This approach balances
the level of risk against the cost, time, and difficulty of taking measures to reduce it. The ALARP
principle ensures that risks are mitigated to the lowest possible level that is practical and reasonable,
considering the circumstances.

Explanation of ALARP Principle
The ALARP principle is fundamental in managing safety and health risks. It is visually represented
in a diagram that categorizes risks into three distinct levels:

 Intolerable Risk: At this level, the risk is considered unacceptable. Immediate action is
required to either eliminate the risk or cease the associated activity. This high level of risk
demands urgent and significant intervention.

 ALARP (As Low As Reasonably Practicable) Region: This middle region is characterized
by a level of risk that, while not immediately threatening, still requires reduction measures. In
this zone, the risks are reduced to a level that is considered tolerable, given that further risk
reduction measures are impractical or would require disproportionate costs or efforts. The
objective here is to reduce the risk as far as reasonably practicable, balancing the risk against
the resources needed for mitigation.

 Broadly Acceptable Risk: At this lowest level of risk, further reduction measures are not
necessary. The risk is minimal and considered acceptable under normal operational
circumstances. At this stage, the focus shifts to maintaining the risk at this level and ensuring it
does not escalate.

The ALARP principle is underpinned by a continuous process of risk assessment, involving
identifying hazards, assessing the associated risks, and implementing controls to reduce those risks.
The process requires regular review and adaptation to changes in the environment, technology, and
regulations.

By employing the ALARP approach, organizations can systematically manage risks, ensuring that
they are mitigated to a level that is both practicable and acceptable. This principle not only helps in
protecting people and assets but also aligns with legal and regulatory requirements, providing a
structured framework for safety management.

(Study Guide - Page: 4-5)
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