Organizational Risk Management & Health and Safety Flashcards
1
Q
Define “risk”
A
The effect of uncertainty on objectives
2
Q
What are the 4 key risk categories?
A
- Operational
- Corporate
- Portfolio
- Strategic
3
Q
What is the 5 step risk management process?
A
- Establish context
- Identify risk
- Analyze risk impact
- Evaluate risk
- Take action
4
Q
Within the risk matrix, how do we calculate the risk rating?
A
Risk rating= likelihood × consequence
5
Q
Why do police need to know about health and safety? (3 reasons)
A
- legal - its the law
- ethical - looking after our people
- our business - good health and safety is good business
6
Q
What are the 5 steps of the Hierarchy of Control? From most to least effective
A
- elimination
- substitution
- engineering controls
- administrative controls
- PPE
