G: Risk Management

Question 1

What are the principles of risk management?

Answer 1

-Don’t accept any unnecessary risks
-Make risk decisions at the appropriate level
-Accept risk when benefits outweigh the cost
-Include risk management into the planning of all levels

Question 2

What is the risk management process?

Answer 2

1. identify the hazard
2. Assess the risk
3. Analyze risk control measures
4. Make control decisions
5. Implement risk controls
6. Supervise and review

Question 3

What are the levels of risk?

Answer 3

Severity and probability

Question 4

How do you assess the risk?

Answer 4

Likelihood - probable, occasional, remote and improbable

Severity - catastrophic, critical, marginal and negligible

Question 5

How can you mitigate risk?

Answer 5

After determining level of risk, determine steps needed to minimize risk. A good way to do this is to use the IMSAFE and PAVE checklists before every flight