Risk Management and Threat Assessment Quiz

What is the process of identifying, assessing, and controlling threats to an organization's operation and earnings?

• Hazard management

• Risk assessment

• Risk management

• Safety evaluation

In ideal risk management, which risks are handled first?

• Risks with the lowest impact

• Risks with the highest probability

• Risks with the greatest loss and probability of occurring

• Risks with the least likelihood

What is the potential of a substance, person, activity, or process to cause harm?

• Risk

• Hazard

• Threat

• Vulnerability

What are the key elements of a Health and Safety Management System according to ILO?

• Policy, Organising, Planning, Action for Improvement

• Organising, Planning, Evaluation, Audit

• Planning, Implementation, Risk assessment, CI

• Policy, Organising, Planning, Action for Improvement, Evaluation, Audit and CI

What category of risk includes risks that have a very low chance of harm?

• Low Risk

• Medium Risk

• Tolerable Risk

• High Risk

What is the likelihood of a substance, activity, or process to cause harm and its resulting severity?

• Vulnerability

• Risk

• Threat

• Hazard

What is the aim of the planning process in risk management?

• To maximize risks

• To ignore risks

• To minimize risks

• To create risks

What is an example of risk management in everyday life according to the text?

• Not wearing a helmet while biking

• Ignoring safety warnings

• Leaving early to catch a train

• Driving without a seatbelt