CLC Risk Assessment & Mitigation 2

Question 1

A laboratory discovers that a centrifuge has a 15% probability of catastrophic failure per year and that such a failure would cause $200,000 in damages. What is the annualized loss expectancy (ALE)?

Accepted Answer

$30,000

Answer

ALE = Single Loss Expectancy × Annual Rate of Occurrence = $200,000 × 0.15 = $30,000.

Question 2

Which risk mitigation strategy involves purchasing insurance to cover potential laboratory losses?

Accepted Answer

Risk transfer

Answer

Risk transfer shifts the financial burden of a risk to a third party, such as an insurer.

Question 3

A Failure Mode and Effects Analysis (FMEA) in a clinical laboratory primarily helps to:

Accepted Answer

Proactively identify process steps most likely to fail and their impact

Answer

FMEA is a prospective tool that identifies potential failure modes, their causes, and their effects on patient safety or workflow before they occur.

Question 4

In a risk matrix, a hazard rated HIGH likelihood and LOW severity is typically categorized as:

Accepted Answer

Moderate risk requiring monitoring and controls

Answer

High likelihood combined with low severity places a hazard in a moderate risk zone, warranting controls and ongoing monitoring.

Question 5

When conducting a root cause analysis (RCA) after a laboratory near-miss, the MOST important first step is to:

Accepted Answer

Secure and preserve all relevant evidence and records

Answer

Preserving evidence ensures the RCA has accurate information to identify the true root cause before any changes are made.

(CLC) Certified Laboratory Consultant Practice Test

(CLC) Certified Laboratory Consultant Practice Test

CLC Risk Assessment & Mitigation 2