Risk Management Basic Course Questions with Verified Solutions

Risk Management Basic Course Questions with Verified Solutions What is a negative but common trend associated with hazard assessment? To underestimate the hazard's severity Which of the following describes hazards of a "likely" probability level, according to the Risk Assessment Matrix? The event is expected to occur several or numerous times. What is the correct definition of "residual risk level"? The risk level estimate of the hazard after the controls have been selected. Which publication defines RM as being central to the Army planning processes? NOT: AR 385-10 Which of the following sets the conditions for a possible mishap? Poor communication or implementation of the five steps of RM resulting in a mishap. Which of the following is a EM responsibility of on-duty Army Team members? NOT: Execute all RM controls selected by your peers. What is the overarching goal of RM? To reduce the risk of harm to resources, people, equipment, facilities, time, and the environment. What is the key element that a safety-centered Army culture requires to thrive? Accountability During Step 2 of the five steps of RM, what are the two factors that are considered when determining the initial risk level of a hazard? Probability