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Match the common risk management tool, techniques, or principle with the best de

ID: 3206304 • Letter: M

Question

Match the common risk management tool, techniques, or principle with the best description.

Preliminary Hazard Analysis (PHA)

Hazard and operability study (HAZOP)   

Job Safety Analysis (JSA)

Failure Mode & Effects Analysis (FMEA)   

Fault Tree Analysis (FTA)

Cause-consequence analysis (CCA)

As low as reasonably practical (ALARP)

Initial assessment of the hazards and their corresponding accidents

A qualitative technique used to identify and control workplace hazards to prevent accidents

A structured and systematic qualitative technique for system and operability assessment

A deductive top-down modeling and graphical technique used to analyze how a failure can occur

A structured and systematic quantitative technique applied to identify failures in a design, a process, a system or an existing product, equipment or service

A fundamental approach that sets the risk to the tolerable, reasonable, and practical level

A graphical technique for analyzing cause and consequence chains

A.

Initial assessment of the hazards and their corresponding accidents

B.

A qualitative technique used to identify and control workplace hazards to prevent accidents

C.

A structured and systematic qualitative technique for system and operability assessment

D.

A deductive top-down modeling and graphical technique used to analyze how a failure can occur

E.

A structured and systematic quantitative technique applied to identify failures in a design, a process, a system or an existing product, equipment or service

F.

A fundamental approach that sets the risk to the tolerable, reasonable, and practical level

G.

A graphical technique for analyzing cause and consequence chains

Explanation / Answer

Solution:

Preliminary Hazard Analysis (PHA)
A.  Initial assessment of the hazards and their corresponding accidents

Hazard and operability study (HAZOP)   
B.A qualitative technique used to identify and control workplace hazards to prevent accidents

Job Safety Analysis (JSA)   
C.A structured and systematic qualitative technique for system and operability assessment


Failure Mode & Effects Analysis (FMEA)   
E.A structured and systematic quantitative technique applied to identify
failures in a design, a process, a system or an existing product, equipment
or service
nt

Fault Tree Analysis (FTA)
D.A deductive top-down modeling and graphical technique used to
analyze how a failure can occur

Cause-consequence analysis (CCA)
G.A graphical technique for analyzing cause and consequence chains


As low as reasonably practical (ALARP)
F.A fundamental approach that sets the risk to the tolerable,
reasonable, and practical level

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