Which of the following sequences correctly lists the five steps of the RAM risk management process?

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Multiple Choice

Which of the following sequences correctly lists the five steps of the RAM risk management process?

Explanation:
RAM risk management is a structured five-step process used to reduce hazards in operations. The sequence starts by identifying hazards so you know what could cause harm. Once hazards are known, you assess the risks by considering the likelihood of each hazard and the severity of potential harm. After assessing, you develop controls and make risk decisions — decide which controls to apply and whether the residual risk is acceptable. Only after you decide should you implement the controls. Finally, you supervise and evaluate to ensure the controls are working and make adjustments if needed. This order ensures you address what could cause harm, understand the level of risk, select appropriate protections, put them in place, and verify their effectiveness. Other sequences try to assess risk before hazards are identified, or implement changes before deciding on controls, or place the final step before completing the earlier ones, which would undermine the risk-management logic.

RAM risk management is a structured five-step process used to reduce hazards in operations. The sequence starts by identifying hazards so you know what could cause harm. Once hazards are known, you assess the risks by considering the likelihood of each hazard and the severity of potential harm. After assessing, you develop controls and make risk decisions — decide which controls to apply and whether the residual risk is acceptable. Only after you decide should you implement the controls. Finally, you supervise and evaluate to ensure the controls are working and make adjustments if needed. This order ensures you address what could cause harm, understand the level of risk, select appropriate protections, put them in place, and verify their effectiveness. Other sequences try to assess risk before hazards are identified, or implement changes before deciding on controls, or place the final step before completing the earlier ones, which would undermine the risk-management logic.

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