Task G: Risk Management Flashcards

1
Q

Principles of risk management

A

A accept no unnecessary risk
M make risk decisions at the
appropriate level
A accept risk only when benefits outweigh the
cost
I integrate risk management into all levels of
planning

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2
Q

Risk management processes

A
I identify the hazard 
A assess the risk 
A analyze risk control measures 
M make control decisions 
I implement risk controls 
S supervise and review
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3
Q

Assessing risk

A
Likelihood of an event 
    P probable 
    O occasional 
    R remote 
    I improbable 
severity of an event 
    C catastrophic 
    C critical 
    M marginal 
    N negligible
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4
Q

5P checklist

A
Plan 
plane 
pilot 
passengers 
programming
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5
Q

Im safe checklist

A
I illness 
M medication 
S stress 
A alcohol 
F fatigue 
E emotion
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6
Q

Hazardous attitude

A
Macho- don’t take chances 
Antiauthority- follow the rules 
Invulnerability- it could happen to 
                           me 
Impulsivity- not so fast 
Resignation- I’m not hopeless, don’t give up
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