Assessing and Mitigating Risk Flashcards
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When measuring the level of risk, what two aspects must be considered?
Severity (extent of possible loss) and probability (likelihood that a hazard will cause a loss).
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What are the levels of probability associated with risk assessment?
Probable, occasional, remote, and improbable.
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Define a probable risk.
The event will occur several times.
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Define an occasional risk.
The event will probably occur sometime.
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Define a remote risk.
The event is unlikely to occur, but is possible.
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Define an improbable risk.
The event is highly unlikely to occur.
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What are the levels of severity associated with risk assessment?
Catastrophic, critical, marginal, and negligible.
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Define catastrophic severity.
Results in fatalities or total loss.
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Define critical severity.
Results in severe injury or major damage.
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Define marginal severity.
Results in minor injury or minor loss.
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Define negligible severity.
Results in less than minor injury or less than minor system damage.
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Explain the process of assessing risk based on probability and severity.
To assess a risk, first determine both the probability and the severity of the identified hazard. If the likelihood of the hazard is probable and the severity is catastrophic, the risk is high. If the likelihood is remote and the severity negligible, the risk is low. Other combinations of probability and severity fall on a spectrum of risk.
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What are some ways that pilots can mitigate flight risks?
- Postpone the flight
- Cancel the flight
- Take a more experienced pilot
- Take a different plane
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How is the IMSAFE checklist used to mitigate risks?
IMSAFE is a mnemonic pilots use to assess their physical and mental readiness for flight. The checklist highlights Illness, Medication, Stress, Alcohol, Fatigue, and Eating as potential risks for pilots.
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What is the PAVE checklist?
The PAVE checklist is a risk management / hazard perception tool that divides risks into four categories: Pilot, Aircraft, enVironment, and External pressure.