ATP 5-19 Risk Management Questions and Answers 100% Pass

ATP 5-19 Risk Management Questions and Answers 100% Pass What is risk management? The process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk cost with mission benefits Principles Integrate risk management into all phases of missions and operations Make risk decisions at the appropriate level Accept no unnecessary risk Apply risk management cyclically and continuously Steps for risk management (5) Identify the hazards Asses the hazards Develop controls and make risk decisions Implement controls Supervise and evaluate Probability categories Frequent Likely Occasional Seldom Unlikely Risk Levels Low Moderate High Extremely High Severity Levels Negligible Moderate Critical Catastrophic Types of controls Educational Physical Elimination