Risk Management (2) Flashcards

1
Q

How did you decide on PPE in your team?

A

This question seeks to understand the decision-making process regarding Personal Protective Equipment (PPE) within a team.

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2
Q

What PPE did you use?

A

This question asks for specific types of Personal Protective Equipment utilized in a given context.

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3
Q

Did you design the risk assessment?

A

This question inquires whether an individual was involved in creating a risk assessment.

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4
Q

Did you hold risk workshops?

A

This question asks if workshops focused on risk management were conducted.

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5
Q

Did you contribute to a risk register?

A

This question seeks to know if an individual played a role in developing a risk register.

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6
Q

What risk did you list in the corporate risk register?

A

This question requests information about a specific risk that was documented in the corporate risk register.

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7
Q

What is PPE?

A

PPE stands for Personal Protective Equipment, which includes gear designed to protect the wearer from injury or infection.

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8
Q

What is a risk assessment?

A

A risk assessment is a systematic process of evaluating potential risks that may be involved in a projected activity or undertaking.

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9
Q

What is RAMS?

A

RAMS stands for Risk Assessment Method Statement, which outlines the risks associated with a task and the methods to mitigate those risks.

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10
Q

Why is insurance important?

A

Insurance is important as it provides financial protection against potential losses or damages.

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11
Q

What is a competent person scheme?

A

A competent person scheme is a framework that ensures individuals have the necessary skills and knowledge to perform specific tasks safely.

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12
Q

What is the HSE?

A

HSE stands for Health and Safety Executive, which is the national regulator for workplace health and safety in the UK.

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13
Q

What is risk probability?

A

Risk probability refers to the likelihood of a risk occurring.

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14
Q

What is a risk sensitivity analysis?

A

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.

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