Risk Assessment & Management Flashcards
7 cards from real CLL practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Risk Assessment & Management flashcards as text
Which lean concept most directly reduces the risk of overproduction?
Answer: Takt time–based pull production
Takt time–aligned pull systems produce only what customers demand, eliminating the risk of excess inventory from overproduction.
During a 5 Whys analysis of a recurring defect, the team discovers the root cause is an untrained operator. This finding represents which type of risk?
Answer: Human capital or process risk
Workforce competency gaps are a form of process or human capital risk that must be addressed through training and standardized work.
What is the purpose of setting a threshold RPN score (e.g., ≥ 100) in an FMEA?
Answer: To determine which failure modes require immediate corrective action
A threshold RPN establishes a clear trigger point above which the team must develop and implement a mitigation action.
A lean leader implements cross-training across all process steps. Which risk does this most directly mitigate?
Answer: Single-point-of-failure risk due to key-person dependency
Cross-training ensures that any operator can cover any station, preventing bottlenecks or shutdowns when a specific person is absent.
Which statement best describes the relationship between standardized work and risk management in Lean?
Answer: Standardized work creates a stable baseline that makes deviations and risks visible
Standardized work defines the expected process, so any departure from standard is immediately recognizable as a potential risk signal.
In the PDCA cycle applied to risk management, what occurs during the 'Check' phase?
Answer: Evaluating whether the countermeasures reduced the risk as planned
The Check phase verifies that the risk mitigation actions achieved the intended reduction by comparing results against the target.
When a Lean team chooses to accept a risk rather than mitigate it, this decision is most justified when:
Answer: The cost of mitigation exceeds the expected cost of the risk event
Risk acceptance is a valid strategy when the resources required to mitigate the risk outweigh the expected impact if the risk materializes.