Exam (elaborations)
CAPQuizzer - Civil Air Patrol - Operational Risk Management questions with actual answers.
- Course
- Institution
CAPQuizzer - Civil Air Patrol - Operational Risk Management questions with actual answers.
[Show more]
Seller
Follow
Content preview
CAPQuizzer - Civil Air Patrol -Operational Risk Management questions
with actual answers.
What is the goal of Operational Risk Management (ORM)? ANS -The goal of Operational Risk
Management is to reduce or remove risks and hazards that are in the way of the team reaching the
goals they need to achieve in order to accomplish the mission.
What are the four principles of ORM? ANS -1.) Accept no unnecessary risks.
2.) Make risk decisions at the appropriate level.
3.) Accept risk when benefits outweigh the costs.
4.) Integrate ORM into CAP at all levels.
What is the 5M Model for the ORM process? ANS -1.) Man
2.) Media
3.) Machine
4.) Management
5.) Mission
What are the three levels of ORM? ANS -1.) Time-Critical
2.) Deliberate
3.) Strategic
What is the first step of the ORM process? ANS -Identify the Hazards
What is the second step of the ORM process? ANS -Assess the Risks
What is the third step of the ORM process? ANS -Analyze the Risk Control Measures
, What is the fourth step of the ORM process? ANS -Make Control Decisions
What is the fifth step of the ORM process? ANS -Implement Risk Controls
What is the sixth step of the ORM process? ANS -Supervise and Review
How do you identify hazards? ANS -To identify the hazards, you analyze the mission, list the hazards and
list the causes.
What are the Seven Primary Hazard Identification Tools? ANS -1.) Operations Analysis
2.) Preliminary Hazard Analysis
3.) "What If" Tool
4.) Scenario Process Tool
5.) Logic Diagram
6.) Change Analysis
7.) Cause & Effect Tool
What is the Operations Analysis Tool? ANS -It is a big picture look at what is expected to happen. It
evaluates all elements of operation for potential sources of risk. This tool will also itemize chronological
or sequential list of major events of an operation. It can be a key to understanding a flow of events.
What is the Preliminary Hazard Analysis Tool? ANS -This tool will provide initial or broad overview of
hazards present in overall operational flow. It briefly considers risk in every aspect. It is used in virtually
all ORM except time critical operations. It is usually based on the operational analysis tool results, and is
used to identify hazards requiring more in-depth hazard identification.
What is the "What If" Tool? ANS -It is one of the most powerful hazards identification tools. It is
especially effective in capturing hazard data about failure modes. This tool is typically used after the
operations analysis and preliminary hazard analysis. It can be used on time critical applications. It
captures the input of operational personnel in brainstorming, like the environment.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now