Question: Question 3 - CLO3 (a) Risk Management is a technique that is frequently used not only in industry, but also to identify financial, accident, or

Question 3 - CLO3 (a) Risk Management is a

Question 3 - CLO3 (a) Risk Management is a technique that is frequently used not only in industry, but also to identify financial, accident, or organizational hazards. Define the process for risk management. (3 marks) (b) Fault Tree Analysis (FTA) employs logical operators, most notably the OR and AND gates. When an electric car is unable to start, create three (3) layers of FTA conditions (engine not running). (7 marks) (c) Root cause analysis is a problem-solving technique identifies the sources of defects or issues. One of the tools for analyzing the causes and effects of specific problems is the fishbone diagram (Ishikawa). Create a Fishbone diagram for a Fire False Alarm in a building, with three (3) major causes and four (4) effects for each cause. (15 marks) (Total: 25 marks)

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