Midterm Part 1

Question 1

What are the five steps of the digital risk management process?

Answer 1

1. Identify the risk
2. Analyze the risk
3. Evaluate the risk
4. Treat the risk
5. Monitor and review the risk

Question 2

It is a positive experience that your whole team can take part in and learn from.

Answer 2

Identify the risk

Question 3

These are anything that might impact the project’s schedule, budget, or success.

Answer 3

Project risks

Question 4

Once your team identifies possible problems, it’s time to dig a little deeper. How likely are these risks to occur? And if they do occur, what will the ramifications be? How will you respond?

Answer 4

Analyze the risk

Question 5

Have a meeting with a team to get ideas how to solve the risk or hazard. List every solution for that risk. Make sure that you and your team will benefit, and it will avoid the delay of the project.

Answer 5

Evaluate the risk

Question 6

Once the worst risks come to light, dispatch your treatment plan. While you can’t anticipate every risk, the previous steps of your risk management process should have you set up for success. Task your team with either solving or at least mitigating the risk so that it’s no longer a threat to the project.

Answer 6

Treat the risk

Question 7

Clear communication among your team and stakeholders is essential when it comes to ongoing monitoring of potential threats. Send regular project updates to the team and other stakeholders. Check in with your risk managers individually to ensure there
aren’t any red flags popping up throughout the project.

Answer 7

Monitor and review the risk

Question 8

What are the 5 different type of risk assessments?

Answer 8

1. Qualitative risk assessment
2. Quantitative risk assessment
3. Generic risk assessment
4. Site-specific risk assessment
5. Dynamic risk assessment

Question 9

This assessment method is used to evaluate and prioritise risks based on expert judgement snd subjective criteria

Answer 9

Qualitative risk assessment

Question 10

This strategy aids organisations in recognising and comprehending potential risks and weaknesses that may have an influence on their goals, initiatives, or business operations.

Answer 10

Qualitative risk assessment

Question 11

A systematic and data-driven method for assessing the risks and uncertainties connected to a certain project, process, or system.

Answer 11

Quantitative risk assessment

Question 12

The likelihood and possible impact of identified hazards are quantified using ____________ and ___________ techniques.

Answer 12

mathematical
statistical

Question 13

The main objective of this is to support decision-making by giving stakeholders unbiased, measurable information about risks, enabling them to prioritise risk mitigation strategies, allocate resources, and make better decisions.

Answer 13

Quantitative risk assessment

Question 14

It is crucial for addressing common risks resulting from a certain task or activity.

Answer 14

Generic risk assessment

Question 15

The basic idea behind the___________ risk assessment is to reduce paperwork and duplication of effort by streamlining and simplifying the process of identifying hazards and evaluating risks.

Answer 15

Generic

Question 16

This kind of risk assessment is especially helpful when there are multiple sites or areas of the workplace involved in an activity, making it impractical to do separate evaluations for each one.

Answer 16

Generic risk assessment

Question 17

A task or activity is thoroughly evaluated in a ____________ risk assessment

Answer 17

Site-specific

Question 18

This evaluation takes into account the particulars of the site’s geography, the surrounding environment, and the workers themselves

Answer 18

Site-specific risk assessment

Question 19

By concentrating on these factors, the evaluation makes sure that all potential hazards are detected and addressed.

Answer 19

Site-specific risk assessment

Question 20

It is a continuous, adaptive method for assessing prospective risks and figuring out how to react in the moment.

Answer 20

Dynamic risk assessment

Question 21

In contexts that are changing quickly, this strategy is helpful for addressing unknown hazards and managing uncertainty.

Answer 21

Dynamic risk assessment

Question 22

This are commonly used by people who frequently deal with unpredictable events, such as first responders or healthcare professionals, to help them make wise judgements.

Answer 22

Dynamic risk assessment

Question 23

It must be prepared to capture the results of the risk appraisal including the probability of occurrence and the consequences to the project

Answer 23

Risk assessment report

Question 24

How to write a risk assessment report?

Answer 24

1. Add a convincing title to your report
2. Give a short but detailed introduction
3. Stick to the facts from the assessment
4. Make the solutions for each risk
5. Review your report

Question 25

What are the things included in a hazard checklists?

Answer 25

• PPE Inspection
• Electrical Cord, Plug Equipment Checklist
• Fall Protection Checklist
• tool safety
  -housekeeping

Question 26

It’ll helps you manage regular inspections, identify damage and defects, and raise hazards.

Answer 26

Job-site hazard identification checklist

Question 27

The PPE needs to be ____________,_____________, and ____________workers when needed.

Answer 27

appropriate
functional
capable of protecting

Question 28

It is one of OSHA’s Big Four Construction Hazards, but it’s a hazard threat regardless of your industry.

Answer 28

Electrocution

Question 29

To comply with OSHA regulations and pass inspections, you need to identify _________________related to electrical equipment and tools in addition to cords and outlets.

Answer 29

potential hazards

Question 30

one of the most common workplace injuries, but preventing them is possible in most cases

Answer 30

Fall from heights

Question 31

To protect workers, you need to determine the ________________and identify the right _________________ for each circumstance.

Answer 31

fall risk exposures
fall protection equipment

Question 32

To analyze your fall protection program, identify the correct fall protection equipment, store and maintain the equipment, and deal with ladders and scaffolding.

Answer 32

Safe-sites fall protection checklists

Question 33

Construction workers are ________ times more likely to be killed on the job than workers in other industries.

Answer 33

4

Question 34

__________ are the leading cause of fatalities in construction.

Answer 34

Falls

Question 35

are the second leading cause of fatalities in construction.

Answer 35

Electrical hazard

Question 36

Construction workers are also at risk for injuries from exposure to hazardous materials, such as _____________________

Answer 36

silica dust and asbestos

Question 37

Using this a simple and effective way to help keep your workers safe.

Answer 37

construction safety hazard checklist

Question 38

By taking the time to identify and mitigate potential hazards, you can prevent _________ and create a safer work environment for everyone.

Answer 38

Accidents