Unit 3 - Principles of Risk Management Flashcards
(38 cards)
The U.S. Fire Administration’s (USFA’s) publication, Risk Management Practices in the Fire Service, lays out [how many] basic components for a risk management process?
5 basic components
Who’s publication, Risk Management Practices in the Fire Service, lays out five basic components for a risk management process?
USFA
What are the USFA’s five basic components for a risk management process? (IEPCM)
- Identification of potential risks or threats.
- Evaluation of the probability of the potential risk or threats and the potential consequences to the public, property and the environment, and to responders.
- Prioritization of the threats or risks.
- Development and implementation of control measures to lower the risks (and their consequences).
- Monitoring of control measures to ensure their effectiveness.
What may be a target of terrorists or simply recognized as having important consequences if an incident cannot be stabilized easily at this site?
Critical infrastructure and key resources (CIKR)
What should help you identify frequent locations where incidents occur?
Your own data
A good Risk Management Plan begins with what?
A comprehensive inventory of all things that might go wrong.
What begins with a comprehensive inventory of all things that might go wrong?
A good Risk Management Plan
Risk evaluation in the classic risk management process involves how many terms?
2
Risk evaluation in the classic risk management process involves what two terms?
frequency and severity
What term addresses the likelihood of occurrence?
Frequency
The process of evaluating risks will explain what?
How often a risk is likely to occur
What term addresses the degree of seriousness of the incident?
Severity
Using the information gathered in the identification step, the risks can be classified based on what?
severity or consequence and frequency.
Severity can be measured in what ways?
- loss of life
- number of injuries
- number of serious injuries
- degree of public health impacts
- extent of environmental damage
Consequences can be measured by?
- disruption of the economy of an area
- time away from work
- cost of damage
- cost of and time for repair or replacement
- disruption of service
- impact on organizations, including their legal costs
When does an organization have some measure that helps it decide which risk or threat has a higher priority in its plans than other risks or threats?
Once the frequency and severity of an incident are determined.
Any risk that has a high probability of occurrence and serious consequences deserves what priority?
High priority
What risks deserves a high priority?
Any risk that has a high probability of occurrence and serious consequences
A risk that has a low probability of occurrence may bring what with it?
Very serious consequences
What risks may bring with it very serious consequences?
A risk that has a low probability of occurrence
When might an organization or community demand that this risk be addressed as a priority?
When a risk with low probability of occurrence may bring with it very serious consequences
What are the three initial components of pre-emergency risk management? (ROT)
- Written Risk Management Plan
- Written Occupational Safety and Health Program
- Risk Management Toolbox
What are written policies developed by an organization that define exact methods or activities performed by its members?
SOPs/SOGs
Approximately [what] percent of line-of-duty deaths (LODDs) and injuries for firefighters occur during training?
10 percent
