Risk Managment

Question 1

What are the 4 principles of RM?

Answer 1

-Integrate RM into all Phases of Missions and Operations.
-Accept No Unnecessary Risk
-Accept Necessary Risk When Benefits Outweigh Costs
Make Risk Decisions at the Appropriate Level.-

Question 2

What are the 5 RM steps

Answer 2

• ID hazards
• Asses hazards
• develop controls and make decisions
• Implement controls
• supervise and evaluate

Question 3

What is the PEACE model?

Answer 3

used to identify risk

• Planning
• Event Complexity
• Assets
• COMS/Supervision
• Environment

Question 4

What is the STAAR model?

Answer 4

Used to mitigate or control risk

• Spread Out
• Transfer
• Avoid
• Accept
• Reduce