Risk Management Test Well Explained #13
Risk management principles - correct answer Accept the risk when benefits outweigh
the cost.
Accept no unnecessary risk.
Anticipate and manage Risk by planning.
Make risk decisions at the right level.
Accept risk when benefits outweigh the cost - correct answer Marine Corps tradition
emphasizes seizing initiative and taking decisive action. The goal of risk management is
not to eliminate risk, but management the risk, so missions are accomplished with the
minimum amount of loss to maximize success
Accept no unnecessary risk - correct answer An unnecessary risk is one of that, if
taken, will not contribute to the task or Mission accomplishment or will needlessly
jeopardize Personnel or material. Manage risk through Relentless training, awareness
of the rest being confronted, and an understanding of the mission at hand. Bottom line-
take only those risk needed to accomplish the task, activity, or Mission.
Anticipate and manage Risk by planning - correct answer Integrating risk management
into planning at all levels, and as early as possible, provides the greatest opportunity to
make well-informed decisions and Implement effective risk controls.
Make risk decisions at the right level - correct answer Risk decisions will be made at the
appropriate level, by the individual with the authority, knowledge, and experience
necessary to recognize when benefits outweigh the cost. When in doubt, a marine
should Elevate the decision of the chain of command.
Elevate the decision up the chain of command - correct answer When you question your
Authority, knowledge, or experience necessary to determine whether the risk will
outweigh the cost, what should you do?
Risk management levels - correct answer In depth
Deliberate
Time critical
In depth - correct answer Applies when the available time for planning is not limiting
factor and involves a very through risk assessment when the hazards and Associated
risks are not well understood. Examples include long-term planning of complex
operations, introduction of new equipment, materials, and missions, development of
tactics and training curriculum, and major system overhaul of repair
Deliberate - correct answer Refers to situations where there is ample time to apply to
risk management process to Mission planning Evolution. This level as his primary
experience personnel and brainstorming to insert it into five hazards, review mishap
trans, and develop controls. It is more effective when done in a group. The Marine
, Corps planning process (MCCP) and drafting or updating standard operating
PROCEDURES (SOP) or letters of instructions LOI are examples
Time critical - correct answer This is the level at which Personnel operate on a daily
basis both on and off duty. The term critical level is the normal risk management level
use during the execution phase of training or operations. There is little or no time to
make a formal plan resulting in an on-the-spot mental or verbal risk assessment and
decision.
Risk management 5-step process cycle - correct answer Identify hazards , assess
hazards, make risk decisions, Implement controls, supervise.
Identify hazards - correct answer A hazard is defined as any condition with the potential
to negatively impact the task, activity or mission, cause property damage, injury to
personal or death.
Assess hazards - correct answer For Hazzard identify, determine Associated degree of
risk in terms of probability and severity. The result of the risk assessment is a prioritized
is a list of Hazards ensuring control and being into 5 for the most serious threat to task,
Mission, personnel, and Equipment before the last serious threats.
Make risk decisions - correct answer There are two sub steps to make informed
decisions:
1) identify and assess risk control options reject, a boy, delay an accent, transfer, and
compensate.
2) determine the type of control engineering, administrative, or physical personal
protective equipment PPE
Implement controls - correct answer Ensure the controls are converted into clear, simple
execution orders understood at all levels. This requires that the plan is currently clearly
communicated to all involved Personnel, accountability is stablished, and the required
support is provided
Supervise - correct answer Evaluate controls the insurance they remain in place and
have the desired effect or to change controls that are not working. The provision is
continuous and also include establishing a method for feedback in order to identify view
hazards or needed control adjustment.
Make risk decisions - correct answer Identifying and assessing risk controls options in
determining the type of controls associated with the rest are subcomponents of which
step in the risk management process. A ticket in your mouth
To set the time and resources available and allocate them accordingly in order to
produce the best result. - correct answer The Five Steps step risk management process
has five comments that when fully maximize the benefit and desire effort of the risk
Risk management principles - correct answer Accept the risk when benefits outweigh
the cost.
Accept no unnecessary risk.
Anticipate and manage Risk by planning.
Make risk decisions at the right level.
Accept risk when benefits outweigh the cost - correct answer Marine Corps tradition
emphasizes seizing initiative and taking decisive action. The goal of risk management is
not to eliminate risk, but management the risk, so missions are accomplished with the
minimum amount of loss to maximize success
Accept no unnecessary risk - correct answer An unnecessary risk is one of that, if
taken, will not contribute to the task or Mission accomplishment or will needlessly
jeopardize Personnel or material. Manage risk through Relentless training, awareness
of the rest being confronted, and an understanding of the mission at hand. Bottom line-
take only those risk needed to accomplish the task, activity, or Mission.
Anticipate and manage Risk by planning - correct answer Integrating risk management
into planning at all levels, and as early as possible, provides the greatest opportunity to
make well-informed decisions and Implement effective risk controls.
Make risk decisions at the right level - correct answer Risk decisions will be made at the
appropriate level, by the individual with the authority, knowledge, and experience
necessary to recognize when benefits outweigh the cost. When in doubt, a marine
should Elevate the decision of the chain of command.
Elevate the decision up the chain of command - correct answer When you question your
Authority, knowledge, or experience necessary to determine whether the risk will
outweigh the cost, what should you do?
Risk management levels - correct answer In depth
Deliberate
Time critical
In depth - correct answer Applies when the available time for planning is not limiting
factor and involves a very through risk assessment when the hazards and Associated
risks are not well understood. Examples include long-term planning of complex
operations, introduction of new equipment, materials, and missions, development of
tactics and training curriculum, and major system overhaul of repair
Deliberate - correct answer Refers to situations where there is ample time to apply to
risk management process to Mission planning Evolution. This level as his primary
experience personnel and brainstorming to insert it into five hazards, review mishap
trans, and develop controls. It is more effective when done in a group. The Marine
, Corps planning process (MCCP) and drafting or updating standard operating
PROCEDURES (SOP) or letters of instructions LOI are examples
Time critical - correct answer This is the level at which Personnel operate on a daily
basis both on and off duty. The term critical level is the normal risk management level
use during the execution phase of training or operations. There is little or no time to
make a formal plan resulting in an on-the-spot mental or verbal risk assessment and
decision.
Risk management 5-step process cycle - correct answer Identify hazards , assess
hazards, make risk decisions, Implement controls, supervise.
Identify hazards - correct answer A hazard is defined as any condition with the potential
to negatively impact the task, activity or mission, cause property damage, injury to
personal or death.
Assess hazards - correct answer For Hazzard identify, determine Associated degree of
risk in terms of probability and severity. The result of the risk assessment is a prioritized
is a list of Hazards ensuring control and being into 5 for the most serious threat to task,
Mission, personnel, and Equipment before the last serious threats.
Make risk decisions - correct answer There are two sub steps to make informed
decisions:
1) identify and assess risk control options reject, a boy, delay an accent, transfer, and
compensate.
2) determine the type of control engineering, administrative, or physical personal
protective equipment PPE
Implement controls - correct answer Ensure the controls are converted into clear, simple
execution orders understood at all levels. This requires that the plan is currently clearly
communicated to all involved Personnel, accountability is stablished, and the required
support is provided
Supervise - correct answer Evaluate controls the insurance they remain in place and
have the desired effect or to change controls that are not working. The provision is
continuous and also include establishing a method for feedback in order to identify view
hazards or needed control adjustment.
Make risk decisions - correct answer Identifying and assessing risk controls options in
determining the type of controls associated with the rest are subcomponents of which
step in the risk management process. A ticket in your mouth
To set the time and resources available and allocate them accordingly in order to
produce the best result. - correct answer The Five Steps step risk management process
has five comments that when fully maximize the benefit and desire effort of the risk
