Professional Documents
Culture Documents
Quiz Materials Weeks 1 2
Quiz Materials Weeks 1 2
It involves identifying threats (or opportunities), how likely they are to happen, and the potential
impacts if they do such as high, medium, low *
CONSEQUENCE
These are factors included in one of the risk management framework: Committee structure and terms of
reference• Roles and responsibilities• Internal reporting requirements• External reporting controls•
Risk management assurance arrangements *
RISK PROBABILITY
These are factors included in one of the risk management framework: Risk management philosophy•
Arrangements for embedding risk management• Risk appetite and attitude to risk• Benchmark tests for
significance• Specific risk statements/policies• Risk assessment techniques• Risk priorities for the
present year *
it is the lack of knowledge about the probabilities of the future state of events *
UNCERTAINTY
OUTCOME/ IMPACT
what is COSO? *
RAMNIFICATION / SEVERITY
Risk will always involved the LIKELIHOOD that an undesired event will occur. 2ND other term for
LIKELIHOOD? *
POSSIBILITY
Risk will always involved the LIKELIHOOD that an undesired event will occur. 1ST other term for
LIKELIHOOD? *
PROBABILITY
162
Any uncertainty that if it occurs will affect negatively one or more of the objectives *
RISK
RISK EVENT
1. ISO 31000 provides detailed guidelines on the plan, implement, measure & learn features of a risk
mngt system 2. The framework "integration" includes purpose & scope of RM & decision making *
T,F?
1. ISO 31000 is applicable to all types of organization 2. ISO 31000 is not intended to promote uniformity
in risk management across organization *
TT
1. Risk treatment helps understand stakeholders’ interests and concerns, to check that the risk
management process is focusing on the right elements, and also helps explain the rationale for decisions
and for particular risk treatment options. 2. Communication and consultation involves changing the
magnitude and likelihood of consequences, both positive and negative, to achieve a net increase in
benefit. *
FF
FT
1. Risk management should be a continuous and developing process which runs throughout the
organisation’s strategy and the implementation of that strategy thus it is reviewed every 4 years 2. It is
no longer acceptable to drive businesses exclusively through financial controls *
FT
1. Risk treatment helps understand stakeholders’ interests and concerns, to check that the risk
management process is focusing on the right elements, and also helps explain the rationale for decisions
and for particular risk treatment options. 2. Communication and consultation involves changing the
magnitude and likelihood of consequences, both positive and negative, to achieve a net increase in
benefit. *
FF
TF
carbon monoxide *
CHEMICAL
BIOLOGICAL
Excessive force *
ERGONOMICAL
Noisy machines *
MECHANICAL
SEXUAL HARRASMENT *
WORK ORGANIZATION
cosmetics *
CHEMICAL
ERGONOMICAL
VOLCANIC ASH *
ENVIRONMENTAL
PHYSICAL/ERGONOMICAL
CONFINED SPACES *
SAFETY
PHYSICAL
CORONA VIRUS *
BIOLOGICAL
FLOODS *
ENVIRONMENTAL
WORKLOAD DEMANDS *
WORK ORGANIZATION
TOBACCO SMOKE *
CHEMICAL
Inappropriate tools *
MECHANICAL
BURNOUT *
PSYCHOSOCIAL
toilet cleaners *
CHEMICAL
BIOLOGICAL
CHEMICAL
RISK IDENTIFICATION
WRITE THE RELATED RISK/S FOR EACH HAZARD MENTIONED IN SECTION 2 OF THE QUIZ.
VOLCANIC ASH *
TOBACCO SMOKE *
Tobacco smoke includes nicotine and other harmful compounds that can harm human health if inhaled.
Cancers of the lungs, mouth, throat, esophagus, kidney, cervix, liver, bladder, pancreas, stomach, and
colon are among the health risks of tobacco smoke. Inhaling cigarette smoke can cause chronic
bronchitis, chronic pulmonary disease, pneumonia, and tuberculosis. People who smoke are not the
only ones who are at danger; non-smokers who are exposed to second-hand smoke are also at risk.
Teens that are exposed to tobacco smoking are also more prone to use alcohol and illicit drugs,
according to research.
Driving a farm tractor on rough terrain is a physical hazard because it is a factor that can cause harm
with contact, and a person driving the tractor on rough terrain is at a high risk of injury, particularly at
high speeds and if the driver is not fully equipped with safety devices such as the safety belt and the
tractor's Rollover Protective Structure.
Inappropriate tools *
Misuse and poor maintenance are two of the most serious risks offered by mechanical tools. Knowledge
and experience may lead to a false sense of security, which can lead to carelessness and accidents.
CORONA VIRUS *
Coronaviruses are a viral type. There are several types, some of which cause illness. COVID-19
is a pandemic of respiratory disease caused by SARS-CoV-2, a coronavirus discovered in 2019.
The majority of persons infected with the corona virus will have mild to moderate respiratory
symptoms and will recover without needing any particular therapy. People over the age of 65,
as well as those with underlying medical conditions such as cardiovascular disease, diabetes,
chronic respiratory disease, and cancer, are at a higher risk of developing serious illness.
toilet cleaners *
When it comes to bathroom care, toilet bowl cleaner is a necessary and effective cleaning agent.
Toilet bowl cleanser, on the other hand, may be dangerous if applied incorrectly. Sodium
hypochlorite, and hydrochloric acid or bleach, are the common ingredients in toilet cleansers. The
majority of disinfecting cleaners can cause people at risk of eyes and skin irritation and burning of
throat when ingested.
Awkward or prolonged posture is an example of an ergonomic hazard because the risk of strain on your
body by means of the posture which can result in a backache or muscle fatigue and pain the next day or
in the following days.
Excessive force *
Excessive force is another example of an ergonomic hazard which can put excessive force on joints and
overload muscles and tendons around the effected joint making the person at risk of strain or injury.
Bandages or dressings containing small amounts of dried blood or fluid provide a chemical danger
because they can spread additional poisons or illnesses from the individual whose blood is on the
bandages or dressings. This is why worn bandages or dressings should not be reused.
WORKLOAD DEMANDS *
Workload demands are a work organization hazard or work stressor that can put a person at risk of
stress due to too much time pressure or, in the worst-case scenario, demanding workloads can put a
person at risk of illness when not handled properly, whereas will ultimately affect the performance of
the employees.
Hookworms and pinworms are biological hazards because they are parasitic worms that can affect
human health if infected. Hookworms, also known as soil-transmitted helminths, are a major source of
illness across the world. Pinworms and hookworms are intestinal worms that can cause intestinal
illnesses, anemia, skin itching, and impede children's physical and intellectual development, among
other problems.
carbon monoxide *
Carbon monoxide is an example of a chemical hazard since it may induce immediate or long-term
negative health consequences such as headaches, tiredness, nausea, dizziness, disorientation, and
irritability, which are similar to flu. Continued exposure can cause the a person at risk of nausea, loss of
consciousness, brain damage, heart irregularities, breathing problems, muscular weakness, abortions,
and even death.
SEXUAL HARRASMENT *
People who have been sexually harassed are more likely at risk of anxiety, depression, headaches, sleep
problems, weight loss or gain, nausea, decreased self-esteem, and sexual dysfunction. The antagonism
produced by harassment is characterized as a work organization hazard because it generates
absenteeism, low morale, gossip, animosity, tension, and worry among employees. Low productivity is
more likely in workplaces where sexual harassment is prevalent.
CONFINED SPACES *
Confined spaces are a safety concern because they include hazardous circumstances that can result in
injury, sickness, or death. People in tight places face a poisonous environment, oxygen deprivation,
oxygen enrichment, combustible or explosive atmospheres, and extreme heat. Drowning in water tanks,
suffocation in grain silos, and the collapse of trenches or temporary buildings are the most common
injuries and fatalities that occur as a consequence of confined space-related events. As a result, farm
workers are at a very high risk of being injured on the job due to a confined space accident.
Noisy machines *
Noise is one of the most prevalent physical dangers encountered in the workplace. Hearing loss can
occur as a result of insufficient hearing protection or extended exposure to noise. The most common
sources of harmful noise in the workplace are machinery and equipment.
Repetitive motions are particularly dangerous when they engage the same joints and muscle groups
repeatedly, and when we do the same action too frequently, too fast, or for too long. Fixed body
posture and force are always risk factors for Work-related Musculoskeletal Disorders in tasks demanding
repetitive motions; the worker must retain the shoulder and neck in a fixed position to apply some effort
in order to complete the activity.
FLOODS *
Infectious illnesses, chemical dangers, and injuries can all be transmitted by standing flood
waters. A lot of people were at risk of death because of floods and it shows that more people
each year were killed by thunderstorm-related danger. When a car is driven into dangerous
flood waters, the most likely cause of fatality is drowning.
Fire and explosions *
Fire and explosions may cause risks such as injuries damage to property and the environment, and
disrupt company operations. Fires and explosions are reactions and conversions of solids, liquids, or
gases that result in the release of large amounts of energy and are caused by the ignition or self-ignition
of the material system, which is why it is considered a chemical hazard.
cosmetics *
Allergic reactions or sensitivity to ingredients, spread of bacteria on the skin are some of the risks that
people using cosmetics can encounter because these contain chemicals which can cause eye irritation
and skin irritation, which is why it is known as a chemical hazard.
BURNOUT *
Chronically burned-out people have a 26 to 35 percent higher risk of early mortality (death before the
age of 45) and pain issues, are three times more likely to develop future depression and coronary heart
disease, and have a 200 percent higher risk of developing type 2 diabetes. Individuals will pay a high
price for their health if we don't address burnout correctly, and businesses will suffer financial and
human capital losses as a result of decreased performance, absenteeism, turnover, replacement, and
retraining, as well as a huge number of medical costs.