Risk management

Risk management

This is a risk management Questions. Everything has been attached here.

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Educational Objective 1

Review Questions

1-1. Identify the purpose of root cause analysis.

Root cause analysis (RCA) is a systematic procedure for recognizing “root causes” of issues or occasions and a methodology for reacting to them. RCA depends on the radical thought that viable administration requires more than only “putting out FIRES” for issues that grow, yet figuring out how to forestall them.

1-2. Identify the four basic characteristics of root causes.

Assurance of human and different elements

Assurance of related procedures and frameworks

Analysis of underlying causes and impact frameworks through a progression of WHY questions

Recognizable proof of dangers and their potential commitments

Assurance of possible enhancement in methods or structures

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