Risk Management Flashcards
Principles of Risk Management
AMAI
AMAI
Accept no unnecessary risk
Make risk decisions at the appropriate level
Accept risk when benefits outweigh cost
Integrate risk management into planning at all levels
3 P’s
Perceive hazards, Process to evaluate level of risk, Perform the risk management
5 P’s
Plan, Plane, Pilot, Passenger, Programming
IMSAFE
Illness, Medicine, Stress, Alcohol, Fatigue, External pressure
PAVE
Pilot, Aircraft, enVironment, External pressure
CARE
Consequences, Alternatives, Reality, External pressure
TEAM
Transfer, Eliminate, Accept, Mitigate
What is PAVE for?
identify risks
What is CARE for?
Review and evaluate risks
What is TEAM for?
Choose and implement risks
What are the 5 P’s for?
Used to evaluate situations that occur in flight
What are the 3 P’s for?
Deal with risks
Risk assessment matrix?
Be able to draw the matrix