Risk Management (2) Flashcards
How did you decide on PPE in your team?
This question seeks to understand the decision-making process regarding Personal Protective Equipment (PPE) within a team.
What PPE did you use?
This question asks for specific types of Personal Protective Equipment utilized in a given context.
Did you design the risk assessment?
This question inquires whether an individual was involved in creating a risk assessment.
Did you hold risk workshops?
This question asks if workshops focused on risk management were conducted.
Did you contribute to a risk register?
This question seeks to know if an individual played a role in developing a risk register.
What risk did you list in the corporate risk register?
This question requests information about a specific risk that was documented in the corporate risk register.
What is PPE?
PPE stands for Personal Protective Equipment, which includes gear designed to protect the wearer from injury or infection.
What is a risk assessment?
A risk assessment is a systematic process of evaluating potential risks that may be involved in a projected activity or undertaking.
What is RAMS?
RAMS stands for Risk Assessment Method Statement, which outlines the risks associated with a task and the methods to mitigate those risks.
Why is insurance important?
Insurance is important as it provides financial protection against potential losses or damages.
What is a competent person scheme?
A competent person scheme is a framework that ensures individuals have the necessary skills and knowledge to perform specific tasks safely.
What is the HSE?
HSE stands for Health and Safety Executive, which is the national regulator for workplace health and safety in the UK.
What is risk probability?
Risk probability refers to the likelihood of a risk occurring.
What is a risk sensitivity analysis?
A Risk Sensitivity Analysis is a technique used to assess how changes in different variables impact the overall risk of a project, investment, or business decision. It helps identify which factors have the most influence on risk outcomes.A risk sensitivity analysis is a method used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.