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Risk Mangement test one
Risk Management
64
Other
Undergraduate 4
09/27/2010

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Term
What is the concept of Risk Management?
Definition
Identification, assessment prioritizing of risk with coordination minimize, monitor and control and impact of unfortunate events.
Term
What research has been conducted on risk management?
Definition
Knowledge has been gained through the study of human behavior.
Term
What is the concepts and aproaches to risk management?
Definition
Risk = Probability x Magnitude
Establishing levels of evidence and proof to validate issue of risk

Science is increasingly concept to the risk management process

Providing BBS
Term
What is an example of intervention?
Definition
Stepping into a situation and correcting it.
Term
What is the utility theory?
Definition
Assumptions do not hold water when probabilities are hard to calculate.
Term
What is the prospect theory?
Definition
Prospect theory is a theory that describes decisions between alternatives that involve risk (i.e., alternatives with uncertain outcomes) where the probabilities are known. The model is descriptive: it tries to model real-life choices, rather than optimal decisions.
Term
What are five resultant prototypes?
Definition
Hierarchists
Individualists
Engalitarians
Isolates
Hermits
Term
What is a Hermit?
Definition
Intellectuals who straddle the fence to provide insights.
Term
What is a Hierarchists?
Definition
A central core of who acept authority
Search for plan and control
High source of social bonding with strong views or norms
Term
What is a individualist?
Definition
Entreprenueurs, trendsetters, and risk takers
Term
What is an engalitarian?
Definition
Dissenting minorities who are ruled by charisma, weak leadership, authority is mostly personal.
Term
What is isolates?
Definition
Form groups, tend to be victimized, pestimistic / dooms day outlook
Term
What is Risk Management and the cultural theory?
Definition
There is a gap or correlation between influence of the cultural theory and the practical apllication. A person can percieve/spot a hazard then use rational and emotioinal cognition to interpret a risk.
Term
What is psychometric approach?
Definition
Associated with a persons power and to influence decisions about hazards.
Term
What is socio - political based?
Definition
Trust, status is based on power rather then human based
Term
What is social constructionist aproach?
Definition
A central notion that being objective entity capable of quantifying measurements of risk is a social constructive phenomenon.
Term
What is the social Constructed Approach?
Definition
Workplace risk is constructed phenomenon not naturally occurring based on normal activity (ex human – forgetting laziness, etc)
Term
What is the the social amplification framework
Definition
Risk mana occurs for individuals and org as agents to manage risk in their own environments
Term
What are individual differences?
Definition
Personality traits or dimensions in individuals differ in their risk-taking/thrill seeking
Term
Risk Management and Individual Differences
Definition
Risk Management implications are inclusive to targeted groups (e.g. gender, age cultural)
Term
BRPM-Risk Perception Model
Definition
More political than psychometric
Incorporates attitudes such as:
 Fear
 Worry
 Risk Sensitivity
 Trust
 Lifestyles
Worldview
Term
What is the political approach to risk?
Definition
involves both risk id. and risk mgt. being influenced by other factors/models/disciplines
Term
What is Political risk to model development
Definition
In a global, liberalized economy-utility models seem to gain strength over alternative models of decision making
Term
What is the
Socio-emotional approach to risk?
Definition
Havden (2004) indicated that fear may create more risk than the threat caused fear (acting on emotions to take action
Term
What are the three types of Risk Management and Socio-Emotional approach?
Definition
Sudden
-Science-Based
-Political (e.g. ozone depletion)
Term
What is the evolutionary approach?
Definition
Growing as humans intellectually to change risk management models
Term
What is the concept of perceptioin?
Definition
involves how people discover what activities are going on and process the data through their senses
Term
Sensation and the human senses
Definition
Humans have a sixth sense?
Research has been conducted in the area is unknown
Does some humans have Extra Sensory Perception (ESP) ????
Term
What is processing sensation?
Definition
Eyes
Ears
Nose
Mouth/Tongue
Touch
Kinesthetic sense
Term
Workers’ perceptions
Definition
Vision (view different hues and colors)
There are some psychological effects of colors
Stimulated positively or negatively through moods and feelings
Term
Descriptions of color (types of moods)
Definition
RED
Orange
Yellow
Brown
Green
Term
RED
Definition
Positive Happiness, optimism, strength
Neg Anarchy, the devil, blood, anger, death, debt
Term
Orange
Definition
P )Communication, organic, warmth
N) Melaevolence
Term
Yellow
Definition
P) Cheeriness, enlightenment, youth
N) Cowardliness, treachery
Term
Brown
Definition
P) Positive attributes
N) Vulgarity, barrenness, impoverishment
Term
Green
Definition
P) Nature, fertility, prosperity, life, hope
N) Decay, mould, envy, jealousy, immaturity
Term
BLUE
Definition
P ) Spirituality, devotion, justice, rationality
N) Melancholy, darkness, doubt
Term
Purple
Definition
P )Royal, loyal, power, truth
N) Lust, decadence, mourning, secrecy
Term
Black
Definition
P) Impenetrability, distinction, nobility
N) Death, sickness, despair, denial, evil, sin
Term
White
Definition
P) Purity, refreshment, perfection, infinite
N) Blankness, absolute, silence, void
Term
Grey
Definition
P ) Autonomy, neutrality
N) Indecision, fear, monotony, dirt, coldness
Term
Hearing and vibration
Definition
Ears convert noises as sound pressure wavesinto electrical patterns, which nerve pulses are decoded and measured by the brain’s auditory cortex
Sound senses by normal young adults range from 20Hz to 20,000Hz
Excess noise can interfere with a workers’ concentration/performing a task
Term
Examples of adverse effects of sound on human performance
Definition
human performance (Crook and Langdon, 1974)
Increased fidgeting, irritability, tiredness, and headaches among pupils
Disruption of lessons/concentration
Term
Examples of noise reduction methods
Definition
Sound damping material around machinery
Sound absorbing wall and floor materials
Term
Perceptual organization and interpretation
Definition
Perception and its associated cognitions comprise of complex patterns that the brain constantly interprets to make sense of the world or working environment that we face
Term
Attention and vigilance
Definition
Physical stimuli would attract attention (e.g. large object, loud sounds, strong colors, repeated occurrences, moving objects. (Which event will have a dramatizing effect that will learn from)
Term
Sustained attention and vigilance
Definition
Collecting enough information visually and internalizing it to maintain the act of behaving safely
Look at the 2010 cars: Mercedes Benz: The car can keep you vigilant!!!!
Term
What is selective attention?
Definition
Our mental condition is important, which is effected by motivation, personality, and learning ability.
Term
What are the three Effectiveness of warnings
Definition
Verbal
Written
Pictorial/Visual
Term
What is Self-serving bias
Definition
Person who takes credit for their success or improvements, but not accept blame for failures
Term
What is Severity bias
Definition
People are held more responsible for serious consequences than for minor ones
Term
What is Self-serving bias
Definition
Person who takes credit for their success or improvements, but not accept blame for failures
Term
What is a false concensus?
Definition
People think like others, even though people tend to think that their beliefs are universally shared
Term
What is situation bias?
Definition
People underestimate the degree to which a person’s role in a situation can modify their behavior
Term
What is representitives?
Definition
We tend to underestimate an important statistical phenomenon (hidden constructs)
Term
Small numbers
Definition
People tend to treat small numbers as being better than they should
Term
What is anchoring?
Definition
The effect of predictions and perceptions results in them being very resistant to alteration once made
Term
Overconfidence
Definition
People are poor at estimating the odds and overconfident in their judgments about facts
Term
What is Behavioral feedback
Definition
Important to de bias some ones views
Ex - Detailed planning of safety and risk management
Term
What is Behavioral feedback
Definition
Important to de bias some ones views
Ex - Detailed planning of safety and risk management
Term
Overconfidence
Definition
People are poor at estimating the odds and overconfident in their judgments about facts
Term
What is behavioral Feedback?
Definition
Important to de bias some ones views
Ex - Detailed planning of safety and risk management
Term
What is the behavioral approach to motivation?
Definition
The alternative perspective on the relationship between stimuli and behavior
Term
Motivation for safety
Definition
ENCOURAGING and REINFORCING safe behavior is an important factor for safety and risk scientist practitioners
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