Unit 3 - Principles of Risk Management

Question 1

The U.S. Fire Administration’s (USFA’s) publication, Risk Management Practices in the Fire Service, lays out [how many] basic components for a risk management process?

Answer 1

5 basic components

Question 2

Who’s publication, Risk Management Practices in the Fire Service, lays out five basic components for a risk management process?

Answer 2

USFA

Question 3

What are the USFA’s five basic components for a risk management process? (IEPCM)

Answer 3

1. Identification of potential risks or threats.
2. Evaluation of the probability of the potential risk or threats and the potential consequences to the public, property and the environment, and to responders.
3. Prioritization of the threats or risks.
4. Development and implementation of control measures to lower the risks (and their consequences).
5. Monitoring of control measures to ensure their effectiveness.

Question 4

What may be a target of terrorists or simply recognized as having important consequences if an incident cannot be stabilized easily at this site?

Answer 4

Critical infrastructure and key resources (CIKR)

Question 5

What should help you identify frequent locations where incidents occur?

Answer 5

Your own data

Question 6

A good Risk Management Plan begins with what?

Answer 6

A comprehensive inventory of all things that might go wrong.

Question 7

What begins with a comprehensive inventory of all things that might go wrong?

Answer 7

A good Risk Management Plan

Question 8

Risk evaluation in the classic risk management process involves how many terms?

Answer 8

2

Question 9

Risk evaluation in the classic risk management process involves what two terms?

Answer 9

frequency and severity

Question 10

What term addresses the likelihood of occurrence?

Answer 10

Frequency

Question 11

The process of evaluating risks will explain what?

Answer 11

How often a risk is likely to occur

Question 12

What term addresses the degree of seriousness of the incident?

Answer 12

Severity

Question 13

Using the information gathered in the identification step, the risks can be classified based on what?

Answer 13

severity or consequence and frequency.

Question 14

Severity can be measured in what ways?

Answer 14

• loss of life
• number of injuries
• number of serious injuries
• degree of public health impacts
• extent of environmental damage

Question 15

Consequences can be measured by?

Answer 15

• disruption of the economy of an area
• time away from work
• cost of damage
• cost of and time for repair or replacement
• disruption of service
• impact on organizations, including their legal costs

Question 16

When does an organization have some measure that helps it decide which risk or threat has a higher priority in its plans than other risks or threats?

Answer 16

Once the frequency and severity of an incident are determined.

Question 17

Any risk that has a high probability of occurrence and serious consequences deserves what priority?

Answer 17

High priority

Question 18

What risks deserves a high priority?

Answer 18

Any risk that has a high probability of occurrence and serious consequences

Question 19

A risk that has a low probability of occurrence may bring what with it?

Answer 19

Very serious consequences

Question 20

What risks may bring with it very serious consequences?

Answer 20

A risk that has a low probability of occurrence

Question 21

When might an organization or community demand that this risk be addressed as a priority?

Answer 21

When a risk with low probability of occurrence may bring with it very serious consequences

Question 22

What are the three initial components of pre-emergency risk management? (ROT)

Answer 22

1. Written Risk Management Plan
2. Written Occupational Safety and Health Program
3. Risk Management Toolbox

Question 23

What are written policies developed by an organization that define exact methods or activities performed by its members?

Answer 23

SOPs/SOGs

Question 24

Approximately [what] percent of line-of-duty deaths (LODDs) and injuries for firefighters occur during training?

Answer 24

10 percent

Question 25

Under ICS, the ISO is part of what?

Answer 25

ISO is part of the Command Staff

Question 26

What decision making concept evolved from military research in the 1980s?

Answer 26

Naturalistic Decision Making (NDM)

Question 27

When did the Naturalistic Decision Making (NDM) concept (formerly termed Recognition-Primed Decision Making) evolved from military research?

Answer 27

1980s

Question 28

The Naturalistic Decision Making (NDM) concept (formerly termed Recognition-Primed Decision Making) evolved from ________ research in the 1980s.

Answer 28

Military research in the 1980s

Question 29

What NFPA includes Risk Management Plans as a requirement?

Answer 29

NFPA 1500, Standard on Fire Department Occupational Safety and Heath Program

Question 30

What NFPA is the Standard on Fire Department Occupational Safety and Heath Program?

Answer 30

NFPA 1500

Question 31

What Act forced Congress to endorse a policy that the Department of Homeland Security (DHS) and the Federal Emergency Management Agency (FEMA) should be risk-based and all-hazards in perspective?

Answer 31

In the Post-Katrina Emergency Reform Act (October 2006)

Question 32

What is the most common method used for the management of risk?

Answer 32

The adoption of effective risk control measures

Question 33

What is the process of planning, organizing, directing, and controlling the resources and activities of an organization in order to minimize
detrimental effects on that organization?

Answer 33

Risk Management

Question 34

How many initial components of pre-emergency risk management?

Answer 34

Three initial components

Question 35

What should address every function of the organization?

Answer 35

The Risk Management Plan

Question 36

The Risk Management Plan should address what?

Answer 36

Every function of the organization

Question 37

More problems and danger are presented to responders in what kind of events?

Answer 37

low-frequency events

Question 38

What situation pose the most extreme levels of risk to responders and response organizations?

Answer 38

High-consequence, low-frequency situations, in which there is no time to back off and make decisions