Risk Management Flashcards
1
Q
Types of Risk
A
Tactical - hazards that exist because of
the presence of either the enemy or an adversary
Accidental - all other operational risk
2
Q
Principles of RM
A
- Accept no unnecessary risk.
- Accept risk when benefits outweigh cost.
- Make risk decisions at the right level.
- Anticipate and manage risk by planning.
3
Q
five steps of risk management
A
IADIS
· Step 1. Identify hazards
· Step 2. Assess hazards to determine risk
· Step 3. Develop controls and make risk decisions
· Step 4. Implement controls
· Step 5. Supervise and evaluate
4
Q
Types of Controls
A
Engineering Controls
Administrative Controls
Physical Controls
5
Q
RM Levels
A
Time Critical
Deliberate
In-depth