ASP Risk Assessment and Control 2

Question 1

What is the difference between a hazard and a risk in safety management?

Accepted Answer

A hazard is a source of potential harm while risk is the likelihood and severity of that harm occurring

Answer

A hazard is anything with potential to cause harm; risk combines probability of exposure with potential severity.

Question 2

In a risk matrix, what does the intersection of 'high probability' and 'catastrophic severity' indicate?

Accepted Answer

Unacceptable risk requiring immediate action

Answer

High probability combined with catastrophic severity represents the highest level of risk, requiring immediate corrective action.

Question 3

What is a Failure Mode and Effects Analysis (FMEA)?

Accepted Answer

A systematic method for identifying potential failure modes, their causes, and effects on system performance

Answer

FMEA is a structured approach to identifying all possible ways a system could fail and analyzing the effects of each failure mode.

Question 4

What is the ALARP principle in risk management?

Accepted Answer

As Low As Reasonably Practicable - reducing risk until further reduction is impractical relative to the benefit

Answer

ALARP means reducing risks to a level where the cost of further reduction would be grossly disproportionate to the benefit gained.

Question 5

Which risk assessment technique uses structured 'what-if' questions to identify hazards in process operations?

Accepted Answer

What-If/Checklist analysis

Answer

What-If/Checklist analysis combines brainstorming 'what if' questions with structured checklists to identify process hazards.

(ASP) Associate Safety Professional Practice Test