Q2 Risk Assessment Case Study Quiz

This course has made you an expert in risk assessment.

The goal of risk assessment is to study risk

Risk assessment is best conducted by one individual who is an expert. Involving other personnel in the process can result in “group think” that undermines the integrity of the process.

The risk assessment process is a structured way to figure out whether the way you are operating is appropriate, or if there are other things you should or should not be doing that ___________ risks to reasonable levels.

This course follows the flow of the risk analysis process. Place the risk assessment steps below in the correct order.

The American Petroleum Institute specification for quality management systems for the oil and gas industry is ISO 9000.

The British Standards Institute has developed standards for risk identification that apply only to organizations conducting business in Europe.

The International Organization for Standardization or “ISO” has developed a standard – ISO 17776 that applies only to offshore oil wells.

A hazard is a potential source of harm to which of the following. Select all that apply.

Which of the following is not a hazard category:

As we saw in the video of the explosion at the sugar plant, the greatest danger of airborne dust is workers’ respiratory issues.

Safeguards reduce the likelihood of a hazard’s potential and mitigate the consequences of a hazard.

To be effective a safeguard needs to be which of the following? Select all that apply.

The concept of likelihood is not important in analyzing risk.

If a stairway in an industrial setting is designed with proper handrails, non slip surfaces and proper riser heights it does not need to be considered in risk assessment.

A risk matrix is a useful tool to help you identify hazards.

Once you have systematically analyzed the profile of a risk the process is complete.

If an operation that is core to your business has an unacceptable level of risk what is the proper course of action?

Administrative safeguards are usually more effective than physical safeguards.

Documenting the risk analysis process isn’t always justified by the effort required. In that case it is optional.