FOI (G) Risk Management Flashcards
What is risk management?
the logical process of weighing the costs of risks to the benefits
What are the principles or risk management?
“IMAA”
Integrate risk management into all levels
Make risk decisions at appropriate level
accept no unnecessary risk
accept risk when benefit outweighs the costs
6 step process to risk management?
identify assess analyze risk control measures make control decisions implement supervise and review
How is level of risk measured?
in terms of severity and probability
4 categories for probability of an event occuring?
improbable
remote
occasional
probable
4 categories of the severity of the event?
negligible
marginal
critical
catastrophic
How do you assess/ mitigate risk?
Use IMSAFE, PAVE, 5P method
IMSAFE checklist
Illness Medication Stress Alcohol Fatigue Emotion/Eating
PAVE Checklist
PIC
Aircraft
enVironment
External Pressures
5P checklist
Plan (flight plan) Plane (airworthiness) Pilot (IMSAFE, ID, pilot cert, medical etc) Passengers Programming
SRM
the art and science of managing all available resources
How can you make sure you are using good SRM?
use the 5P method and use it at key decision points during the flight
How can you assess students SRM skills?
assigning the following grades of mastery: explain practice manage/decide not observed
