ORM Flashcards

1
Q

WHAT IS ORM

A

“OPERATIONAL RISK MANAGEMENT” IS A DECISION MAKING TOOL USED BY PEOPLE AT ALL LEVELS TO INCREASE OPERATIONAL EFFECTIVENESS BY ANTICIPATING HAZARDS AND REDUCING THE POTENTIAL FOR LOSS, THEREBY INCREASING THE PROBABILITY OF A SUCCESSFUL MISSION.

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2
Q

WHAT IS THE FIVE STEP PROCESS TO ORM

A
I.A.M.I.S.
----------------
I. IDENTIFY HAZARDS
A. ASSESS HAZARDS
M. MAKE RISK DECISIONS
I. IMPLEMENT CONTROLS
S. SUPERVISE
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3
Q

WHAT ARE THE FOUR PRINCIPALS OF ORM

A
  1. ACCEPT RISK WHEN BENEFITS OUTWEIGH THE COST
  2. ACCEPT NO UNNECESSARY RISK
  3. ANTICIPATE AND MANAGE RISK BY PLANNING
  4. MAKE RISK DECISIONS AT THE RIGHT LEVEL
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4
Q

WHAT IS A HAZARDOUS MATERIAL

A

BECAUSE OF ITS QUATNITIY, CONCENTRATION, OR PHYSICAL OR CHEMICAL CHARACTERISTICS, MAY POSE A SUBSTANTIAL HAZARD TO HUMAN HEALTH

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5
Q

WHAT IS HAZARDOUS WASTE

A

A DISCARDED MATERIAL (LIQUID, SOLID, OR GAS) WHICH MEETS THE DEFINITION OF HAZARDOUS MATERIAL OR IS DESIGNATED AS A HAZARDOUS WASTE BY THE EPA

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6
Q

WHAT IS A MSDS

A

“MATERIAL SAFETY DATA SHEET” TECHNICAL BULLETIN CONTAINING INFORMATION ABOUT MATERIALS, SUCH AS THE COMPOSITION; CHEMICAL AND PHYSICAL CHARACTERISTIC;HEALTH AND SAFETY HAZARDS;AND PRECAUTIONS FOR SAFE HANDLING AND USE.

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7
Q

DEFINE HAZARD

A

POTENTIAL TO CAUSE PERSONAL INJURY OR DEATH, PROPERY DAMAGE OR MISSION DEGRADATION

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8
Q

DEFINE RISK

A

AN EXPRESSION OF POSSIBLE LOSS IN TERMS OF SEVERITY AND PROBABILITY

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9
Q

WHAT IS A RISK ASSESSMENT

A

PROCESS OF DETECTING HAZARDS AND ASSESSING ASSOCIATED RISKS

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10
Q

WHERE IS A MSDS MAINTAINED

A

ONLINE THROUGH (HMIS) HAZARDOUS MATERIAL INFORMATION SYSTEM

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