CSRM study plan

Define risk, hazard, exposure, and loss in your own words and distinguish each with a school-based example

Classify the four treatment techniques (avoidance, reduction, retention, transfer) and match ten school scenarios to the correct technique

Map the five risk management process steps onto a single school district and explain how each step feeds the next

Identify the roles of the risk manager, business official, and site administrator in a school risk program

Explain how risk management integrates with school governance, board policy, and site-level operations

Outline the elements of a written risk management policy statement and what each element accomplishes

Draft a records-retention and documentation checklist covering incidents, inspections, and claims

Describe how a risk register is built and updated in a school setting

Distinguish frequency from severity and explain why both drive treatment decisions

Compute expected loss for a school exposure using frequency times average severity

Compare qualitative and quantitative identification methods, including inspections, checklists, incident logs, and surveys

Identify data sources a district already holds that can support loss analysis

Evaluate property, liability, and personnel exposures specific to schools and classify each by type

Assess how enrollment, facility age, transportation, athletics, and volunteer programs change exposure profiles

Interpret trend data to spot emerging exposures over a multi-year period

Prioritize identified risks using a likelihood-impact matrix

Design loss-control measures for the top three exposures from your inventory

Explain how contracts, waivers, and hold-harmless agreements shift risk and where they fall short

Distinguish retention decisions from transfer decisions and state the criteria for each

Describe how insurance, pools, and self-insurance differ as transfer or retention mechanisms

Compare funding mechanisms available to schools: commercial insurance, risk pools, self-insurance, and captives

Explain how premiums are developed and which school-specific factors affect pricing

Outline the bid and renewal cycle, including submission timelines and required documentation

Describe how deductibles and retention levels trade off against premium cost

Outline the claims process from incident report through settlement and closure

Describe how certificates of insurance, vendor agreements, and contract reviews are tracked administratively

Explain how inspections, training records, and safety committees support ongoing loss control

Identify the reporting lines and documentation standards a district should maintain

Integrate all five domains into a single risk management narrative for one school district

Complete timed practice sets across every domain and log error patterns by domain

Re-drill weak areas until each domain reaches a consistent accuracy threshold

State the treatment and funding rationale for any scenario in under two minutes