USMC Risk Management Pvt-Lcpl Annual Training Updated 2023 Post-Test (2024)

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  • March 21, 2023
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USMC Risk Management Pvt-Lcpl Annual Training
Updated 2023 Post-Test

Anticipate and manage risk by planning. - correct answer✔✔ The statement, "You are
more likely to control risks when they are identified earlier rather than later" is
associated with what level of Risk Management principle?

Accept risk when benefits outweigh the cost. - correct answer✔✔ Weighing risks
against benefits and value is an example of applying which of the following Risk
Management principles?

Determining the probability and severity of a DUI caused accident before going to a bar.
- correct answer✔✔ Which of the following is an example of the second step, assess
hazards, in the 5-step Risk Management Process.

Identify hazards, assess hazards, make decisions, implement controls, supervise. -
correct answer✔✔ Which of the following depicts the 5-step Risk Management
Process in the correct order?

Deliberate - correct answer✔✔ A battalion commander and her staff conduct a
Marine Corps Planning Process (MCPP) session to develop an operations order
(OPORD) for an upcoming offensive operation. The operation begins in 96-hours. The
MCPP session would fall under which Risk Management level?

False - correct answer✔✔ True or false, creating a risk assessment worksheet is
associated with Time Critical Risk Management (TCRM).

Balance your resources. - correct answer✔✔ Your unit is on a security patrol during a
stability operation. You come across a civilian female who is in great distress. The
Corpsman assesses that she is pregnant, in labor, and about to deliver. There are no
indications of enemy activity in the local area. Under the rules of engagement (ROE),
your patrol is required to provide medical assistance to civilians when there are no
imminent threats. Using the ABCD Model what would be the next step?

Administrative - correct answer✔✔ First Sergeant Jones posts a sign outside the
entrance to the maintenance shop indicating that hearing protection is required inside.
This is an example of what type of risk control?

Designing and installing a ventilation system to reduce exposure to toxic fumes in a
building. - correct answer✔✔ Choose an example of an engineering control.

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USMC Risk Management Pvt-Lcpl Annual Training Updated 2023 Post-Test (2024)

FAQs

What are the 5 steps in risk management process USMC? ›

These five steps are:
  • Identify hazards.
  • Assess the hazards.
  • Make risk decisions.
  • Implement controls.
  • Supervise and watch for change.

What are the three levels of risk management? ›

Level 1, the lowest category, encompasses routine operational and compliance risks. Level 2, the middle category, represents strategy risks. Level 3 represents unknown, unknown risks. Level 1 risks arise from errors in routine, standardized and predictable processes that expose the organization to substantial loss.

What are the 5 Ts of risk management? ›

Risk management responses can be a mix of five main actions; transfer, tolerate, treat, terminate or take the opportunity. Transfer; for some risks, the best response may be to transfer them. need to be set and should inform your decisions. Treat; by far the greater number of risks will belong to this category.

What are the 3 T's of risk management? ›

There are always several options for managing risk. A good way to summarise the different responses is with the 4Ts of risk management: tolerate, terminate, treat and transfer.

What are the 3 P's of risk management? ›

Any complete risk- management system must address two other important factors: prices and preferences. Together with probabilities, these comprise the three P's of Total Risk Management.

What are the 4 A's of risk management? ›

thinking about IT's risk, and. focusing a dialogue with IT on the four A's (Availability, Access, Accuracy, Agility)

Would fatigue be considered a hazard? ›

Everyone should be concerned about the impact of fatigue as it can be considered a form of impairment, making fatigue a workplace hazard.

What are the three rules of risk management? ›

THE RULES OF RISK MANAGEMENT
  • Don't retain more than you can afford to lose. ...
  • Don't risk a lot for a little. ...
  • Consider the likelihood of upcoming events and their potential impact. ...
  • Don't treat insurance as a substitute for risk control. ...
  • There is no such thing as an uninsured loss; an uninsured loss is a retained loss.
Oct 3, 2018

What is the difference between a hazard and a risk? ›

One technical definition of risk is that risk is the product of a measure of the size of the hazard and its probability of occurrence. Regardless of how numerical estimates are made, the essence of the distinction between hazard and risk is that “risk” takes probability explicitly into account.

What are the 5 main parts to the risk management process? ›

  • Step 1: Identify the Risk. The initial step in the risk management process is to identify the risks that the business is exposed to in its operating environment. ...
  • Step 2: Analyze the Risk. ...
  • Step 3: Evaluate the Risk or Risk Assessment. ...
  • Step 4: Treat the Risk. ...
  • Step 5: Monitor and Review the Risk.
Jun 15, 2024

What is step 5 in the risk management cycle? ›

Step 5: Monitoring the Results

So, you need to constantly monitor both the results of your risk control strategy and any new risks that arise, making improvements to your risk management process wherever necessary. To make your risk monitoring effective, be proactive rather than reactive in keeping track of risks.

What are the 5 steps of operational risk management? ›

The five steps in the ORM process are: 1) Risk Identification, 2) Risk Assessment, 3) Risk Mitigation, 4) Control Implementation, and 5) Monitoring.

What are the 5 steps of the management process? ›

What are the 5 phases of management process?
  • Planning.
  • Organizing.
  • Leading.
  • Controlling.
  • Evaluating.

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