In the TEAM checklist, which action asks whether the risk decision should be transferred to someone else?

In the TEAM checklist, which action asks whether the risk decision should be transferred to someone else?

• A. Transfer
• B. Eliminate
• C. Accept
• D. Mitigate

Answer: (A)

Transferring risk means handing off responsibility for managing the risk to someone else who is better equipped to handle it. In the TEAM checklist this option asks whether the decision about how to deal with the risk should be moved to another person or organization. This could involve outsourcing the control of the hazard, assigning accountability to someone with more authority or expertise, or arranging liability transfer through contracts or insurance. Why this fits: the idea is to shift the decision-making and potentially the risk itself to a party more capable of mitigating or absorbing it. By contrast, eliminating removes the hazard itself, accepting means you keep the risk with you within acceptable limits, and mitigating involves implementing controls to reduce either the likelihood or the impact of the risk.

Transferring risk means handing off responsibility for managing the risk to someone else who is better equipped to handle it. In the TEAM checklist this option asks whether the decision about how to deal with the risk should be moved to another person or organization. This could involve outsourcing the control of the hazard, assigning accountability to someone with more authority or expertise, or arranging liability transfer through contracts or insurance.

Why this fits: the idea is to shift the decision-making and potentially the risk itself to a party more capable of mitigating or absorbing it. By contrast, eliminating removes the hazard itself, accepting means you keep the risk with you within acceptable limits, and mitigating involves implementing controls to reduce either the likelihood or the impact of the risk.