answersLogoWhite

0

Guiding Principles in Composite Risk Management

a) Integrate CRM into all phases of missions and operations. Effective CRM requires that the process be integrated into all phases of mission or operational planning, preparation, execution, and recovery.

b) Make risk decisions at the appropriate level. As a decision making tool, CRM is only effective when the information is passed to the appropriate level of command for decision. Commanders are required to establish and publish approval authority for decision making. This may be a separate policy, specifically addressed in regulatory guidance, or addressed in the commander's training guidance. Approval authority for risk decision making is usually based on guidance from higher HQ.

c) Accept no unnecessary risk. Accept no level of risk unless the potential gain or benefit outweighs the potential loss. CRM is a decision-making tool to assist the commander, leader, or individual in identifying, assessing, and controlling risks in order to make informed decisions that balance risk costs (losses) against mission benefits (potential gains).

d) Apply the process cyclically and continuously. CRM is a continuous process applied across the full spectrum of Army training and operations, individual and collective day-to-day activities and events, and base operations functions. It is a cyclic process that is used to continuously identify and assess hazards, develop and implement controls, and evaluate outcomes.

e) Do not be risk averse. Identify and control the hazards; complete the mission.

User Avatar

Wiki User

10y ago

What else can I help you with?

Trending Questions
What activities and responsibilities are not associated with management's functions? What are some effective product discovery techniques that can help in identifying customer needs and preferences? How is the baseline reviewed? What is a team based organization? What is operational managers do? What is another word for property management? What characteristics that differentiate projects from daily operations of organizations? This component of performance-based services acquisition is important because this step establishes the strategy of managing the contract to achieve planned performance objectives? What are the two key supply chain management decisions that have significant impact on the supply chain profitability? What is an intermediate plan? What are some important post mortem project questions to consider for evaluating the success and areas of improvement in a completed project? In this type of decision making pitfall pluralistic ignorance desensitization and accountability for behavior are all considered conditions that enable poor judgment? What are some examples of change management projects that have successfully implemented strategies to navigate organizational transitions and ensure smooth transitions for employees? What are the Crucial elements of a good project plan? What is project management and what are its main objectives? Are you a risk taker or do you like to stay away from risks? What can time management skills help a person to do? What are some examples of smart objectives in project management? Assess the challenges posed by strategic information systems and management solutions? What can a manage ensure discipline in an organization?