Risk Management Flashcards
___ is the process of identifying, assessing, and controlling ___ arising from operational factors and making decisions that balance ___ cost with mission benefits
risk management, risk, risk
The purpose of ___ is to help organizations and individuals to make informed decisions to reduce or offset ___ and to prevent unnecessary loss.
risk management, risk
___ RM refers to situations in which ample time is available to apply the five-step process as part of detailed planning for an operation. ___ RM refers to the immediate management of hazards as they occur.
deliberate, real-time
The 4 principles of Risk Management are:
- Integrate RM into ALL phases of missions and operations
- Make risk decisions at the appropriate level (battalion, brigade, etc)
- Accept no UNNECESSARY risk
- Apply RM cyclically and continuously
A risk ___ is a COMMANDER’s, leader’s, or individual’s determination to accept or not accept the risks associated with an action he or she will take or will direct others to take
decision
risk ___ is the level of risk the responsible commander is willing to accept.
tolerance
An ___ risk is any risk that will not contribute meaningfully to mission accomplishment or will needlessly endanger lives or resources.
unnecessary
5 steps of the cyclical Risk Management process:
- Identify the hazards
- Assess the hazards
- Develop controls and make risk decisions
- Implement controls
- Supervise and evaluate (identify additional hazards, was Risk Level accurate?, make adjustments, Backbriefs, Spot-checks, AARs,)
The first 2 steps of the RM process are known as the ___ steps.
assessment
Steps 3-5 of the RM process are known as the ___ steps.
management
A ___ is a condition with the potential to cause injury, illness, or death of personnel; damage to or loss of equipment or property; or mission degradation.
hazard
What is the acronym for MISSION VARIABLES?
METT-TC
What is METT-TC? (mission variables)
Mission Enemy Terrain and weather (OAKOC) Troops and support available Time available (1/3 - 2/3) Civil considerations
A ___ is a type of score that assesses the odds of something going wrong and the effect (severity) of the incident when it occurs.
risk level
A risk level is assigned based on the combination of ___ and ___
severity, probability
4 RISK levels:
- extremely high risk (GO)
- high risk (Brigade, always decides)
- medium risk (Battalion)
- low risk (Company)
5 PROBABILITY levels:
A. frequent (expected,heat casualty during run in cat 5 heat)
B. likely (regular, IED explosion, accidental discharge)
C. occasional (sporadic, fratricide)
D. seldom (infrequent, electrocution by low voltage)
E. unlikely (improbable, detonation of containerized ammunition)
___ is the frequency and length of time personnel and equipment are subjected to a hazard.
Exposure
___ is the likelihood that an event will occur
probability
___ is the expected consequences of an event in terms of injury, property damage, or other mission-impairing factors
severity
4 levels of SEVERITY:
I. Catastrophic (death, mission failure)
II. Critical (severe injury, illness, damage)
III. Moderate (minor injury, degraded mission readiness)
IV. Negligible (minimal injury, little to no impact)
A ___ is an action taken to eliminate a hazard or to reduce its risk.
control
3 basic categories of CONTROLS:
- Educational (awareness) Controls
- Physical Controls (barriers, guards, signs)
- Hazard Elimination Controls
3 Criteria of effective controls:
- Feasibility (can we do it?)
- Acceptability (worth the cost?)
- Suitability (effective?)
The _____ is the level of risk remaining after re-assessing the mitigating effects of the implemented controls.
residual risk level
What is DD Form 2977?
Deliberate Risk Assessment Worksheet
JRAT (risk)
Joint Risk Assessment Tool
If multiple risk factors, the Overall risk of a mission is based on the ___ .
Highest Risk Level
DRAW (risk)
Deliberate Risk Assessment Worksheet
___ is an interactive, easy to use, automated system designed to assist users with the application of risk management.
Joint Risk Assessment Tool JRAT
