CAS Knowledge Check: Part 2

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CAM’s Role and Responsibilities

(click the question to reveal the answer)

Property
People
Community Goodwill

Identify potential risks in operations
Analyze the frequency and severity of past/ potential losses
Eliminate or reduce risks
Build financial protection to cover non-eliminated risks
Create risk management policies and procedures

Minimize Risk to Physical Property

Fraud
Theft
Embezzlement

Finance the risk

Income, Fees, and Cash
Physical Property
Records and Screening

Property Hazards
Environmental Hazards
Crime Deterrence

Repair and maintenance to reduce safety hazards
Maintaining required housing habitability

Anti-entrapment devices

Minimize Risk for Residence

During the lease signing meeting
With notice letters when serious incidents occur
During resident meetings
In the community newsletter

Environmental Protection Agency (EPA)
Occupational Safety & Health Administration (OSHA)

Minimize Risk to Employees

Hazard Communication Standard
Lockout/Tagout Standard
Bloodborne Pathogens
Personal Protective Equipment (PPE)
Electrical Safety-Related Work-Practice
OSHA Record Keeping

Empty and clean the container

A document that describes the health and physical hazards associated with a particular chemical or material

The standard does not require a written program, but does require a written assessment and documentation of exposures

To comply with regulations when an OSHA inspection is performed and help you avoid any fines or possible injury claims

Emergency Plans

To minimize impact to residents, staff and business operations

People
Property
Business

To ensure that all aspects of the evacuation can be fully executed

Prevention
Detection
Communication
Evacuation
Containment/Mitigation
Recovery
Public Relations

Equipment
Supplies
Infrastructure

Prevent and Control Loss

Doing everything you can to mitigate the impact of the loss once it occurs

Loss prevention is being proactive in preventing losses

The policyholder
The insurance company
Third party to the insurance contract, the claimant against the policyholder

An incident includes all accidents, crimes, reported losses and resident losses at a property

Bodily injury
Property damage
Personal injuries

CAS Knowledge Check: Part 2

CAM’s Role and Responsibilities

1. What are the three property assets to protect through risk management?

2. What areas should a risk management process address?

Minimize Risk to Physical Property

3. List three types of financial risk.

4. What is the most common risk management strategy?

5. When minimizing financial risk, what are three areas to consider?

6. What are the three highest liability areas?

7. What are your responsibilities to provide habitability?

8. What must all public pools and spas have?

Minimize Risk for Residence

9. When/how can you communicate to residents about their safety?

10. List two federal environmental governing agencies.

Minimize Risk to Employees

11. What are the six areas of focus for OSHA that employers are required to comply with?

12. The maintenance technician was using hazardous chemicals during his shift. What should he do at the end of his shift?

13. What is a Safety Data Sheet (SDS)?

14. What are the written requirements for the PPE standard?

15. Why is it important for managers to be informed of the OSHA regulations and perform regular inspections to ensure compliance?

Emergency Plans

16. What is the goal of emergency planning?

17. What are the three major impacted entities in an emergency?

18. What is the purpose of an emergency drill?

19. What are the components of an emergency plan?

20. In relation to emergency planning, what are the three components of a business?

Prevent and Control Loss

21. What is loss control?

22. What is loss prevention?

23. Third party insurance involves what three parties?

24. What is an incident?

25. What are three things covered by General Liability insurance? Please provide an example of each.