OSH Risk Management Quiz

What is the definition of risk management?

• A strategy for employee training

• A method for increasing workplace productivity

• A process for identifying hazards and evaluating risks

• A way to reduce costs in an organization

What does ISO 31000:2013 provide?

• Guidelines for risk management principles and processes

• Standards for workplace safety equipment

• Regulations for employee health benefits

• Procedures for emergency evacuations

What is an inherent risk?

• Risk that exists when a threat is unaddressed

• Risk that is eliminated through safety measures

• Risk that is only present in high-risk industries

• Risk that is assessed after an incident occurs

What is a consequence in risk management?

• The process of identifying risks

• The result of a loss event

• The method of training employees

• The likelihood of a hazard occurring

What was a significant OSH incident in Bhopal, India?

• A gas leak that killed over 3,000 people

• A factory explosion due to unsafe practices

• A bridge collapse due to excessive load

• A fire caused by faulty equipment

What principle emphasizes proactive risk management?

• Proactive Approach

• Post-Incident Review

• Reactive Approach

• Cost-Benefit Analysis

What is the importance of transparency in risk management?

• It allows for faster decision-making

• It builds trust among stakeholders

• It reduces the need for documentation

• It eliminates all risks

Continous monitoring in risk management is important at workplace, EXCEPT.

• Increased employee productivity

• Immediate response to incidents

• Reduction of all workplace hazards

• Effectiveness of risk management practices

What is a category of hazard?

• A legal requirement for workplaces

• A classification of potential sources of harm

• A method for evaluating risks

• A type of safety equipment

What is the role of resource allocation in risk management?

• Increasing employee training programs

• Reducing overall operational costs

• Directing resources to high-risk areas

• Eliminating all risks in the organization