Risk Management Flashcards

1
Q

___ is the process of identifying, assessing, and controlling ___ arising from operational factors and making decisions that balance ___ cost with mission benefits

A

risk management, risk, risk

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2
Q

The purpose of ___ is to help organizations and individuals to make informed decisions to reduce or offset ___ and to prevent unnecessary loss.

A

risk management, risk

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3
Q

___ RM refers to situations in which ample time is available to apply the five-step process as part of detailed planning for an operation. ___ RM refers to the immediate management of hazards as they occur.

A

deliberate, real-time

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4
Q

The 4 principles of Risk Management are:

A
  1. Integrate RM into ALL phases of missions and operations
  2. Make risk decisions at the appropriate level (battalion, brigade, etc)
  3. Accept no UNNECESSARY risk
  4. Apply RM cyclically and continuously
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5
Q

A risk ___ is a COMMANDER’s, leader’s, or individual’s determination to accept or not accept the risks associated with an action he or she will take or will direct others to take

A

decision

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6
Q

risk ___ is the level of risk the responsible commander is willing to accept.

A

tolerance

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7
Q

An ___ risk is any risk that will not contribute meaningfully to mission accomplishment or will needlessly endanger lives or resources.

A

unnecessary

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8
Q

5 steps of the cyclical Risk Management process:

A
  1. Identify the hazards
  2. Assess the hazards
  3. Develop controls and make risk decisions
  4. Implement controls
  5. Supervise and evaluate (identify additional hazards, was Risk Level accurate?, make adjustments, Backbriefs, Spot-checks, AARs,)
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9
Q

The first 2 steps of the RM process are known as the ___ steps.

A

assessment

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10
Q

Steps 3-5 of the RM process are known as the ___ steps.

A

management

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11
Q

A ___ is a condition with the potential to cause injury, illness, or death of personnel; damage to or loss of equipment or property; or mission degradation.

A

hazard

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12
Q

What is the acronym for MISSION VARIABLES?

A

METT-TC

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13
Q

What is METT-TC? (mission variables)

A
Mission
Enemy
Terrain and weather (OAKOC)
Troops and support available
Time available (1/3 - 2/3)
Civil considerations
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14
Q

A ___ is a type of score that assesses the odds of something going wrong and the effect (severity) of the incident when it occurs.

A

risk level

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15
Q

A risk level is assigned based on the combination of ___ and ___

A

severity, probability

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16
Q

4 RISK levels:

A
  • extremely high risk (GO)
  • high risk (Brigade, always decides)
  • medium risk (Battalion)
  • low risk (Company)
17
Q

5 PROBABILITY levels:

A

A. frequent (expected,heat casualty during run in cat 5 heat)
B. likely (regular, IED explosion, accidental discharge)
C. occasional (sporadic, fratricide)
D. seldom (infrequent, electrocution by low voltage)
E. unlikely (improbable, detonation of containerized ammunition)

18
Q

___ is the frequency and length of time personnel and equipment are subjected to a hazard.

A

Exposure

19
Q

___ is the likelihood that an event will occur

A

probability

20
Q

___ is the expected consequences of an event in terms of injury, property damage, or other mission-impairing factors

A

severity

21
Q

4 levels of SEVERITY:

A

I. Catastrophic (death, mission failure)
II. Critical (severe injury, illness, damage)
III. Moderate (minor injury, degraded mission readiness)
IV. Negligible (minimal injury, little to no impact)

22
Q

A ___ is an action taken to eliminate a hazard or to reduce its risk.

A

control

23
Q

3 basic categories of CONTROLS:

A
  1. Educational (awareness) Controls
  2. Physical Controls (barriers, guards, signs)
  3. Hazard Elimination Controls
24
Q

3 Criteria of effective controls:

A
  1. Feasibility (can we do it?)
  2. Acceptability (worth the cost?)
  3. Suitability (effective?)
25
Q

The _____ is the level of risk remaining after re-assessing the mitigating effects of the implemented controls.

A

residual risk level

26
Q

What is DD Form 2977?

A

Deliberate Risk Assessment Worksheet

27
Q

JRAT (risk)

A

Joint Risk Assessment Tool

28
Q

If multiple risk factors, the Overall risk of a mission is based on the ___ .

A

Highest Risk Level

29
Q

DRAW (risk)

A

Deliberate Risk Assessment Worksheet

30
Q

___ is an interactive, easy to use, automated system designed to assist users with the application of risk management.

A

Joint Risk Assessment Tool JRAT