Directions
The purpose of completing exercises and the post-session assignments is to encourage
participants to review the session materials and to get started implementing training objectives,
while the material is fresh.
The electronic version of this post-session assignment is located in this session’s Web links:
www.coss.net/resources3.aspx
Below are five post-session assignments for the Managing Risk & Safety Finances session. If
you took this session as part of the COSM Program, you must complete all five of the postsession assignments and attain a score greater than 70%. Each part of each assignment has a
percentage value.
In the following pages, in the electronic version of this document, you will fill in your responses
in the text boxes by each item. Place the cursor in the text box and start typing. The box will
expand to accommodate what you write. There is no need for you to be concerned about the
format of the document; your content is what is important. Instructions for completing the Risk
Log are in #1-4.
Upon completion of these assignments, save this file to your computer with your name
(example: Smith, John Risk. you will submit this assignment document, the
Risk Log, and the Safety Budget spreadsheet to the COSM administrative office for evaluation
using the following email address: cosmrisk@coss.net.
Before emailing this completed file, fill-in these three lines:
→Your name: Click here to enter text.
→Session date: Click here to enter a date.
→Number of assignments completed: Click here to enter text.
You will receive a reply to acknowledge receipt of your completed assignments.
Managing Risk & Safety Finance session
Post session assignments 8/2/2013
1
1-1. Identify three hazards at your workplace that have risk
Directions: There are several ways to identify risks. Common methods include: hazard
assessments, JSA’s, analysis of accident records, analysis of near miss reports, asking
employees, and BLS data. Choose how you want to determine three risks to use in this
assignment. Describe the three risks in the box below.
Assessment score value: 20%
Risk 1: Click here to enter text.
Risk 2: Click here to enter text.
Risk 3: Click here to enter text.
1-2. Determine the severity and likelihood for each risk.
Directions: Use the Risk Matrix (found in this session’s Web links) to evaluate each risk.
It is generally more helpful for more than one person to discuss and to make these
determinations.
Assessment score value: 20%
Severity
Likelihood
Risk 1
Risk 2
Risk 3
Click here to enter text.
Click here to enter text.
Click here to enter text.
Click here to enter text.
Click here to enter text.
Click here to enter text.
Managing Risk & Safety Finance session
Post session assignments 8/2/2013
2
1-3. Identify the control method to employ for each risk.
Directions: Risks can be controlled using one, or a combination of methods. Decide if you
will use loss control and/or loss prevention methods for each risk. Describe the methods
to use in the table below.
Assessment score value: 20%
Risk 1
Control
method to
use
Click here to enter text.
Risk 2
Click here to enter text.
Risk 3
Click here to enter text.
1-4. Complete each column of the Risk Log for each of your three risks.
Directions: The Risk Log is a tool to help manage all identified risks and it is found in your
session Web links. Hover the cursor over each cell in row 2 to see an explanation of each
column. To use this risk log you can either ‘clear contents’ in all rows below row 2 (Do not
clear the contents of column I), or enter your information starting in row 12. Column I will
automatically calculate the risk value after values are put into columns F & H.
Save the Risk Log with your name first, and attach it to your email when submitting your
post session assignments.
Assessment score value: 20%
2-5. Develop a safety budget for your safety department.
Directions: Use the SMS budgeting worksheet from this session’s Web links to prepare a
budget for your safety department. If needed, you can add additional line items for your
organization. Using the budget blank, complete at least three categories (columns D and
G) within the spreadsheet for this assignment. In making this budget, give consideration
to: 1) Past budgets, 2) Regulatory requirements, 3) Risk management priorities, and 4)
Your strategic plan.
Save your budget with your name first, and attach it to your email when submitting your
post session assignments.
Assessment score value: 20%
Managing Risk & Safety Finance session
Post session assignments 8/2/2013
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