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What are the three basic choices in risk maagement?

When someone is involved in risk management, they should identify risks and assess vulnerability. People involved with risk management should also identify the risk.


The following best describes how you assess hazards in the composite risk management process?

To assess composite risk management, there is an assessment of risk. These risks are followed and minimized to control the probability of unfortunate events.


What are some examples of a risk management system?

A risk management system is a system that helps identify, assess, and prioritize risks. Some examples of a risk management system include risk sharing, risk reduction, hazard prevention, and risk avoidance.


What step in the composite risk management process is focused on determining?

assess hazards


What should immediately be done after you assess the hazards to determine risk in the risk management process?

Develop controls and make risk decisions


What step in the risk management process is focused on determining the probability and severity of a hazard?

Assess hazards is the step in the composite risk management process that is focused on determining the probability and severity of a hazard occurring.


What are three criteria used in the communication step of risk management?

what are three criteria's used in the communication step of risk management


What are three criteria used in communication step of risk management?

what are three criteria's used in the communication step of risk management


What are the factors that cause accidents related to risk management?

Accidents related to risk management can stem from various factors, including inadequate safety protocols, poor training of personnel, and failure to identify or assess potential hazards. Additionally, a lack of communication and collaboration among teams can lead to oversight of critical safety measures. Environmental factors, such as equipment failure or external conditions, also contribute to accidents. Overall, a comprehensive risk management strategy must address these factors to minimize the likelihood of accidents.


The five steps of risk management process are?

Identify the hazards Analyze risk control measures Assess risk levels Make risk decisions Plan risk avoidance


What are the five steps of risk management process?

Identify the hazards Analyze risk control measures Assess risk levels Make risk decisions Plan risk avoidance


What describes how you assess hazards in the composite risk management process?

Estimate the probability and severity and then determine the risk level using the risk assessment matrix