Risk Management Flashcards

1
Q

Define risk management

A

Decision-making process to systematically evaluate possible courses of action, ID risks and benefits, and determine the best course of action for any situation

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2
Q

Four goals of RM

A

Enhance mission effectiveness
Create AF mindset to manage risk
Integrate RM into the mission
ID opportunities to increase warfighting effectiveness and ensure success

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3
Q

Name the four RM principles

A

Accept no unnecessary risk
Make risk decisions at the appropriate level
Integrate RM into operations, activities, and planning at all levels
Apply the process cyclically and continuously

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4
Q

Identify the steps of the RM process

A
ID the hazards
Assess the hazards
Develop controls and make decisions
Implement controls
Supervise & evaluate
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