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Exam (elaborations)
Cap Risk Management Exam Questions And Answers
CAP RISK MANAGEMENT EXAM QUESTIONS AND ANSWERS 
 
The Four Principles of ORM - answer- Accept no unnecessary risk 
Make risk decisions at the appropriate level 
Accept risk when benefits outweigh the cost 
Integrate ORM into CAP at all levels 
 
The 5M Model - answer- Looks at the procedures, relationships and interactions between five elements that make up a mission. 
 
The elements of the 5M Model - answer- Man 
Media 
Machine 
Management 
Mission 
 
Man - answer- Selection, performance and pe...