2. Hazard Analysis

Risk Prioritization — Quiz

Test your understanding of risk prioritization with 5 practice questions.

Practice Questions

Question 1

Which of the following factors is typically considered when determining the 'severity' of a hazard in a risk matrix?

Question 2

When using a risk matrix for prioritization, what is the general principle for addressing risks with the highest scores?

Question 3

The ALARP principle suggests that risks should be reduced to a level 'As Low As Reasonably Practicable.' What does 'reasonably practicable' primarily imply?

Question 4

A safety manager is evaluating a new machine. The machine has a potential for a minor injury (cost: $5,000$) with a probability of $0.05$ per year, and a major injury (cost: $50,000$) with a probability of $0.001$ per year. What is the total expected annual cost of injuries from this machine?

Question 5

Which of the following best describes the 'tolerable' region in the ALARP framework?