Risk Management Exam With Verified Solutions #5
What publication covers risk management? - correct answer AR 100-14
What is risk management? - correct answer Risk management is the process of
identifying, assessing, and controlling risks arising from operational factors and making
decisions that balance risk costs with mission benefits.
What are the principles that provide a framework for implementing the risk management
process? - correct answer a. Integrating risk management into mission planning,
preparation, and execution.
B. Making risk decisions at the appropriate level in the chain of command.
C. Accepting no unnecessary risk.
How many steps are there in the risk management process and what are they? - correct
answer Step 1. Identify hazards.
Step 2. Assess hazards to determine risks.
Step 3. Develop controls and make risk decisions.
Step 4. Implement controls.
Step 5. Supervise and evaluate.
What are two types of risks that exist across the wide range of Army operations? -
correct answer The two types of risk that exist across the wide range of Army
operations are tactical risks and accident risks.
What is a tactical risk? - correct answer Tactical risk is risk concerned with hazards that
exist because of the presence of either the enemy or an adversary.
What is an accident risk? - correct answer Accident risk includes all operational risk
considerations other than tactical risk.
What are controls? - correct answer Controls are actions taken to eliminate hazards or
reduce their risk
What are the three basic categories of controls? - correct answer a. Educational
controls. These controls are based on the knowledge and skills of the units and
individuals. Effective control is implemented through individual and collective training
that ensures performance to standard.
B. Physical controls. These controls may take the form of barriers and guards or signs
to warn individuals and units that a hazard exists. Additionally, special controller or
oversight personnel responsible for locating specific hazards fall into this category.
C. Avoidance. These controls are applied when leaders take positive action to prevent
contact with an identified hazard.
What are the criteria for controls to be effective? - correct answer a. Suitability. It must
remove the hazard or mitigate (reduce) the residual risk to an acceptable level.
What publication covers risk management? - correct answer AR 100-14
What is risk management? - correct answer Risk management is the process of
identifying, assessing, and controlling risks arising from operational factors and making
decisions that balance risk costs with mission benefits.
What are the principles that provide a framework for implementing the risk management
process? - correct answer a. Integrating risk management into mission planning,
preparation, and execution.
B. Making risk decisions at the appropriate level in the chain of command.
C. Accepting no unnecessary risk.
How many steps are there in the risk management process and what are they? - correct
answer Step 1. Identify hazards.
Step 2. Assess hazards to determine risks.
Step 3. Develop controls and make risk decisions.
Step 4. Implement controls.
Step 5. Supervise and evaluate.
What are two types of risks that exist across the wide range of Army operations? -
correct answer The two types of risk that exist across the wide range of Army
operations are tactical risks and accident risks.
What is a tactical risk? - correct answer Tactical risk is risk concerned with hazards that
exist because of the presence of either the enemy or an adversary.
What is an accident risk? - correct answer Accident risk includes all operational risk
considerations other than tactical risk.
What are controls? - correct answer Controls are actions taken to eliminate hazards or
reduce their risk
What are the three basic categories of controls? - correct answer a. Educational
controls. These controls are based on the knowledge and skills of the units and
individuals. Effective control is implemented through individual and collective training
that ensures performance to standard.
B. Physical controls. These controls may take the form of barriers and guards or signs
to warn individuals and units that a hazard exists. Additionally, special controller or
oversight personnel responsible for locating specific hazards fall into this category.
C. Avoidance. These controls are applied when leaders take positive action to prevent
contact with an identified hazard.
What are the criteria for controls to be effective? - correct answer a. Suitability. It must
remove the hazard or mitigate (reduce) the residual risk to an acceptable level.
