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HealthCare Risk Management

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

2. The following is an example of a tool used in RCA process:

a)

Control chart

b)

Ishikawa diagram

c)

Histogram

2.

Root Cause analysis is a :

a)

Proactive process that identifies what could go wrong

b)

Reactive process that identifies all possible causes of an event that has occurred

3.

During risk analysis step, the team assigned the following ratings for the likelihood, Severity, and Velocity (3,5,2), respectively. The risk score will be:

a)

30

b)

16

c)

25

d)

21

4.

The potential risk of “high staff turnover rate” is an example of a risk that fits in the:

a)

Legal domain

b)

Financial domain

c)

Human / capital domain

d)

Technological domain

5.

The following domain (in ERM model) is associated with the business focus and direction of the organization

a)

Operational domain

b)

Financial domain

c)

Legal/regulatory domain

d)

Strategic domain

6.

Enhancing reputation and public image are example of:

a)

Shielding assets

b)

Value creation

c)

Value protection

7.

The main difference between the traditional RM model and the (ERM) model is that:

a)

TRM identifies and manages potential risks comprehensively.

b)

ERM identifies and manages potential risks holistically.

c)

ERM identifies and manages potential risks (in silos).

8.

ERM (in the context of risk management) stands for:

a)

Enterprise Resource Management

b)

Environmental Resource Management

c)

Enterprise Risk Management

9.

For efficient use of resources, risk assessment activities should start with areas that are:

a)

Common with other similar organizations

b)

High risk and/or high volume

c)

Requirement of an international standard

10.

Risk score is the:

a)

Product of likelihood and impact

b)

Product of likelihood and occurrence

c)

Sum of both likelihood and severity

11.

The sharp end in the “Blunt End/Sharp End Model” denotes to the:

a)

Leadership and policymakers

b)

Frontline staff were the patient care is delivered

c)

Resources made available by the leadership

12.

According to ………. model/theory, systems fail because of the combination and timing of multiple small failures.

a)

Swiss Cheese Model

b)

Blunt End/Sharp End Model

c)

Hindsight Bias