102 Risk Managment and Concept of Rm Proccess

Question 1

Risk Management

Answer 1

RM is one of the best means available to eliminate senseless loss of life, injury, and material damage.

Question 2

Inherent Risk

Answer 2

Risk is inherent in every phase of tasking, missions, and operations due to today’s complex and dynamic environment.

Question 3

Key aspects of RM

Answer 3

RM enhances readiness by:

-Enhancing task or mission accomplishment by increasing the probability of success

-Enhancing decision-making skills based on a systematic, reasoned, and reputable process

-Providing a systematic structure to preform risk assessment.

-Providing improved confidence for individuals to make informed Risk decisions.

-Preserving personnel and materiel by avoiding unnecessary risk thus reducing mishaps and their associated costs.

-Providing an adaptive process for the continuous feedback through the planning, preparation, and execution phases of any evolution.

-Identify feasible and effective control measures, particularly where specific standards do not exist.

-Minimizing risk to acceptable levels.

Question 4

Risk Management DOES NOT

Answer 4

-Inhibit flexibility, initiative, or accountability

-Remove Risk all together or support a “ zero defect” mindset

-Remove the necessity for practice, drills, rehearsals, and tactic, techniques, and procedures.

-Sanction or justify violation orders of the law.