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TRiPs system. Travel Risk Planning System.
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make risk decisions at the higest level of authority
An effective way to mitigate the risk of privately owned vehicles include performing routine maintenance checks. By doing this owners can catch when parts and tires need to be replaced.
Mitigating risk means taking measures to decrease the risk. Wearing a helmet while bicycling is a way to mitigate the risk of a head injury.
What is the purpose of the RM step, Develop Controls and Make Risk Decisions
What is the purpose of the RM step, Develop Controls and Make Risk Decisions
To determine whether the risk of an adverse event occurring is reduced enough that the benefits of completing the mission outweigh the risks
Step 1 - Identify hazards.Step 2 - Assess hazards to determine risk.Step 3 - Develop controls and make risk decisions.Step 4 - Implement controls.Step 5 - Supervise and evaluate.The first step in the composite risk management process is to identify hazards to the force. The second step is to assess the hazards in order to determine risk, followed by developing controls and making risk decisions, followed by actually implementing those controls that either eliminate hazards completely, or at least minimize risk. The final step is to supervise and evaluate.Correct order for the steps in the Composite Risk Management process would be first find and mitigate all possible risk and evaluate your possible loss .Identify the hazard, Assess hazards to determine the risk, Develop Controls, Implement Controls, Supervise and Evaluate.
Controls are designed to reduce or eliminate risk.
A critical risk is a risk where there is vulnerability. The vulnerability could possibly cause grave damage to the viability of whatever it is that is at risk.