CAE Risk Management & Mitigation 3

Question 1

A 'residual risk' in automotive engineering is best described as:

Accepted Answer

Risk remaining after risk controls and mitigations have been implemented

Answer

Residual risk is the risk level that persists after all planned controls, safeguards, and mitigations have been applied, and must be formally accepted by authorized stakeholders.

Question 2

Which risk response strategy involves shifting the financial consequence of a risk to a third party, such as through insurance or supplier contracts?

Accepted Answer

Risk transfer

Answer

Risk transfer moves the financial burden of a risk to another party—commonly via insurance policies, warranty indemnification clauses, or supplier liability agreements.

Question 3

In automotive DFMEA, the Detection (D) rating specifically measures:

Accepted Answer

The ability of current controls to detect the failure before it reaches the customer

Answer

Detection rates the effectiveness of existing design controls at finding a failure mode or its cause before the product is shipped to the customer, with lower scores indicating better detection.

Question 4

A 'lessons learned' database in automotive risk management primarily serves to:

Accepted Answer

Capture historical risk data to prevent recurrence on future programs

Answer

Lessons learned repositories enable organizations to apply knowledge from past risk events—both successes and failures—to improve risk identification and response on future vehicle programs.

Question 5

Which technique uses a structured 'what-if' questioning approach to systematically identify hazards in automotive system design?

Accepted Answer

HAZOP (Hazard and Operability Study)

Answer

HAZOP systematically applies guide words (e.g., No, More, Less, Reverse) to process parameters to identify deviations that could lead to hazardous conditions.

(CAE) Certified Automotive Engineer Practice Test

(CAE) Certified Automotive Engineer Practice Test

CAE Risk Management & Mitigation 3