Risk Management and Insurance > QUESTIONS & ANSWERS > Return to Web Training IndividualManaging Your Risk (ORM) Questions and Answers Graded A (All)

Return to Web Training IndividualManaging Your Risk (ORM) Questions and Answers Graded A

Document Content and Description Below

Return to Web Training IndividualManaging Your Risk (ORM) Questions and Answers Graded A Which description most closely matches the term: TIME CRITICAL A ) Used for complex operations or introducti... on of new equipment B ) Planning of unit missions, tasks or events C ) Point of execution of a mission or task ✔✔C ) Point of execution of a mission or task Navy core values, though fundamental to Naval operations, are overlooked in a TCRM situation. A ) True B ) False ✔✔B ) False _________ is based on the worst credible outcome when analyzing risk. A ) Assessment B ) Severity C ) Cause D ) Probability ✔✔B ) Severity What is the proper order of the five steps of the ORM process? A ) Assess Hazards; Identify Hazards; Make risk decisions; Implement Controls; Supervise B ) Identify Hazards; Assess Hazards; Make risk decisions; Implement Controls; Supervise C ) Identify Hazards; Assess Hazards; Supervise; Make risk decisions; Implement Controls D ) Assess Hazards; Identify Hazards; Supervise; Make risk decisions; Implement Controls E ) Identify Hazards; Assess Hazards; Make risk decisions; Supervise; Implement Controls ✔✔B ) Identify Hazards; Assess Hazards; Make risk decisions; Implement Controls; Supervise Which description most closely matches the term: IN DEPTH A ) Used for complex operations or introduction of new equipment B ) Planning of unit missions, tasks or events C ) Point of execution of a mission or task ✔✔A ) Used for complex operations or introduction of new equipment Being able, willing, and ready to actively participate, state, and maintain your position until convinced that other options are better is a behavioral skill called _________. A ) assertiveness B ) communication C ) decision making D ) leadership ✔✔A ) assertiveness Why is communication important for TCRM? A ) Provides a new perspective when dealing with potential risk B ) Gives the responsibility of risk decisions to your superiors C ) Provides shared knowledge of a situation D ) Allows others to also take the responsibility for mistakes E ) A and B F ) A and C G ) A, B and C H ) None of the above ✔✔F ) A and C Which term most closely matches the description: An expression of possible loss, adverse outcome or negative consequence; such as injury or illness, in terms of probability and severity. A ) Hazard B ) Risk C ) Risk Assessment D ) Residual Risk E ) Risk Assessment Code F ) Controls ✔✔B ) Risk Navy ORM is a ____ step process, applied using ____ principles, at ____ levels. A ) 5, 3, 4 B ) 5, 3, 3 C ) 5, 4, 3 D ) 3, 4, 5 ✔✔C ) 5, 4, 3 Which of the following are fundamental to ORM mission success? A ) Complacency is not a part of ORM B ) Complete the task before informing your supervisor of risk discoveries C ) Mission success is a shared responsibility D ) Knowledge of hazard controls is important to mission or task accomplishment E ) A and B F ) C and D G ) All of the above H ) None of the above ✔✔F ) C and D Which of the following is NOT a principle of ORM? A ) Make risk decisions at the right level. B ) Anticipate and manage risk by planning. C ) Accept risk when benefits outweigh the cost. D ) Eliminate risk through the application of ORM ✔✔D ) Eliminate risk through the application of ORM The ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is a behavioral skill called ________. A ) adaptability and flexibility B ) situational awareness C ) decision-making D ) mission analysis ✔✔C ) decision-making Which term most closely matches the description: An expression of the risk associated with a hazard that combines its severity and probability into a single Arabic numeral which can be used to help determine hazard abatement priorities. A ) Hazard B ) Risk C ) Risk Assessment D ) Residual Risk E ) Risk Assessment Code F ) Controls ✔✔E ) Risk Assessment Code Which of the following is NOT a level of ORM? A ) In-Depth B ) Time Critical C ) Deliberate D ) Intentional ✔✔D ) Intentional Which term most closely matches the description: Any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment. A ) Hazard B ) Risk C ) Risk Assessment D ) Residual Risk E ) Risk Assessment Code F ) Controls ✔✔A ) Hazard An individual must be willing to accept the level of risk his or her supervisor assigns. A ) True B ) False ✔✔B ) False Which term most closely matches the description: Actions taken or measures put in place to eliminate a hazard or reduce the associated identified risk. A ) Hazard B ) Risk C ) Risk Assessment D ) Residual Risk E ) Risk Assessment Code F ) Controls ✔✔F ) Controls ___________ are actions taken or measures put in place to eliminate a hazard or reduce the associated identified risk. A ) Mishaps B ) RACs C ) Controls D ) Resources ✔✔C ) Controls Which term most closely matches the description: A structured process to identify and assess hazards. An expression of potential harm, described in terms of hazard severity, mishap probability and exposure to hazards. A ) Hazard B ) Risk C ) Risk Assessment D ) Residual Risk E ) Risk Assessment Code F ) Controls ✔✔C ) Risk Assessment Knowledge, skills, automation and techniques are _____________. A ) ORM principles B ) Identification of the three levels of ORM C ) Required for TCRM D ) Resources in ORM ✔✔D ) Resources in ORM ORM should only be used when the individual has time to plan an operation or evolution. A ) True B ) False ✔✔B ) False [Show More]

Last updated: 1 year ago

Preview 1 out of 10 pages

Add to cart

Instant download

We Accept:

We Accept
document-preview

Buy this document to get the full access instantly

Instant Download Access after purchase

Add to cart

Instant download

We Accept:

We Accept

Also available in bundle (1)

Individual-Managing Your Risk Bundled Exams Questions and Answers 100% Pass

Individual-Managing Your Risk Bundled Exams Questions and Answers 100% Pass

By Nutmegs 1 year ago

$20

15  

Reviews( 0 )

$10.00

Add to cart

We Accept:

We Accept

Instant download

Can't find what you want? Try our AI powered Search

OR

REQUEST DOCUMENT
84
0

Document information


Connected school, study & course


About the document


Uploaded On

Feb 02, 2023

Number of pages

10

Written in

Seller


seller-icon
Nutmegs

Member since 3 years

578 Documents Sold


Additional information

This document has been written for:

Uploaded

Feb 02, 2023

Downloads

 0

Views

 84

Document Keyword Tags


$10.00
What is Browsegrades

In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 FAQ
 Questions? Leave a message!

Follow us on
 Twitter

Copyright © Browsegrades · High quality services·