Army Risk Management Questions and Answers Latest Version Already Passed

Army Risk Management Questions and Answers Latest Version Already Passed Why is risk management applied to every Army mission or activity? Because all tasks involve potential hazards that can be reduced with planning What does identifying hazards mean in the risk management process? Recognizing anything that could cause harm to people, property, or mission success Why is assessing hazards important in risk management? It helps determine the severity and likelihood of potential harm What is meant by “developing controls” in the Army’s risk management process? Creating ways to reduce or eliminate identified risks Why must controls be implemented during a mission? To ensure that the planned safety measures are actually followed 2 What does supervising in the risk management process involve? Monitoring the situation to ensure controls are working and making adjustments if needed What is a risk assessment matrix used for? To estimate the overall level of risk by comparing severity and probability What is a high-risk activity? An action that has a high probability of causing serious injury or mission failure Why is communication important in risk management? Everyone involved must understand the risks and the steps to stay safe What should be done when new hazards are discovered during a mission? Update the risk management plan and apply controls immediately How can leaders encourage effective risk management in their units? By setting the example and involving their teams in the process 3 Why is risk acceptance sometimes necessary? Not all risks can be eliminated, but they can be managed to acceptable levels What is residual risk? The remaining risk after controls have been put in place Who is responsible for applying risk management in the Army? Every soldier and leader at all levels When should risk management be applied? Before, during, and after every operation or task What is the first step of the risk management process? Identify hazards Why is it important to evaluate the effectiveness of implemented controls? To make sure the controls are actually reducing risk as intended 4 What kind of control involves changing how a task is performed? Administrative control What kind of control involves using physical barriers