Risk Management Terms Worksheet

Moderate risk
characterizing hazards
actions taken to eliminate hazards or reduce risk
reducing risk by design, material selection, or substitution
actual or potential condition that can cause injury, illness, or death
measure of the expected loss from a given hazard or group of hazards
decision to accept or not accept the risk associated with an action
apporixmation of the amount of potential harm, damage, or injury
five step process used in identifying and controlling hazards
all operational risk to include friendly personnel, equipment, readinessm and environmental condition
risk associated with a hazard that remains after implementing all planned countermeasures
reducing risk through establishing written policies
approximation of likelihood of a hazard scenario occurring
a form of control that uses barriers and guards or signs to warn about hazard
risk concerned with hazards that exist because of the enemy or adversary