CRM Risk Assesment 2 Flashcards
System safety analysis
Predicts how systems malfunction prevent failure or reduce consequences
Look at organization as a whole to identify potential sources of loss
Separation
Risk control that disperses assets or activities over several locations and regularly relies on it
Root cause analysis
Must produce effective recommendations for prevention of future accidents
A systematic procedure that uses the results of other analysis techniques
Relies heavily on 5 why’s
Repeatedly asking why
Disadvantage is it is only done periodically
Criticality analysis
Aspect of FMEA identify the most important components of a system and ranks the severity
Criticality score is probability x severity
fMEA
Systems and subsystems are called indenture levels
Failure mode and effects
Fault tree is reversed start with causes
If effects are on same level that is being analyzed it provides a local effect
Fault tree
Look at particular system failure and trace events backwards
The purpose is to identify ways of interrupting the sequence leading to failure so it can be prevented
It naturally suggests loss prevention
The OR gate = events leading to the gate is sufficient to cause that event to occur, one thing must happen
The AND gate = prevent, everything must happen for a successful event
5 why’s
Truth= this form prevents investigators on relying on erroneous assumptions about the root cause of a problem
Fishbone
Horizontal lines mean causes
Disaster recovery
Is considered part of IT
Disaster recovery plan
Focuses on action before and immediately after to ensure safety and future operations
Business Continuity Plan BCP
Understanding the business is involves determining key objectives
Conducting a business impact analysis = assessing what events might occur and how they can affect key objectives
Alternative Site mode
Maintains a production site with and active back up that functions as the primary site as needed is using this method
Loss mitigation
Implementing risk controls and plans to reduce, minimize, or divert loss
Alternative Marketing Stage
2nd stage of Strategic reDeployment
Set up center of operations with business intelligence information available to test various production scenarios
Strategic ReDeployment
Consider supply chain facilities and machinery at the Contingency production stage
During communication stage sole objective is to preserve stakeholders trust and confidence
Benefits of regular communication in crisis
All EXCEPT
eliminate employees turnover
Internal stakeholders the must be continually informed on working conditions or safety
Employees
Business impact analysis of Supply Chain disruption take into account all EXCEPT
Short term not long term consequences
Bottleneck
Where work from several assembly lines or processes flow through or depend on
If depended on one pierce of machinery production bottleneck
Single source supplier
When chosen by the organization even if others are available
Stakeholders in supply chain
Suppliers to be notified first of delivery and payment procedures
Sole source supplier
When only one supplier of the goods is available
Typhoon
Pacific regions
