Risk Management Flashcards
1
Q
Hazard
A
A condition with the potential to cause injury, illness, or death of personnel; damage or loss of equipment or property; or mission degradation.
2
Q
Risk
A
Determined after hazards are identified and analyzed and is presented as a combined expression probability or severity.
3
Q
Five steps of risk management
A
Identify hazards Assess hazards Develop controls and make risk decisions Implement control Supervise and evaluate
4
Q
Control
A
Is an action taken to eliminate a hazard or to reduce its risks
5
Q
Severity
A
Expected consequences of an event in terms of injury,, property damage,, or mission impairing factors; it is assessed as catastrophic, critical, moderate, and negligible
6
Q
Probability
A
Likelihood an event will occur; it is assessed as frequent, likely, occasional, seldom, and unlikely.
7
Q
References
A
ATP 5-19 Risk Management
