Multiple choice

Which of the following tools of risk identification highlights situations, which may present no risk on themselves but which could endanger the organisation, if they were to exist together?

  1. Fault tree analysis

  2. Hazards and operability studies

  3. Flowcharts

  4. Safety audit

  5. Dow index

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A Correct answer
Explanation

Fault tree analysis is a top down, deductive failure analysis in which an undesired state of a system is analyzed using Boolean logic to combine a series of lower-level events. This tool of risk identification highlights situations, which may present no risk on themselves but which could endanger the organisation, if they were to exist together.