What does residual risk mean in RM process?

What does residual risk mean in RM process?

What does “residual risk” mean in the RM process? Risk that remains after all controls have been selected. What RM process step requires a cycle of continuous reassessment until the benefits of completing the mission outweigh the risks of not completing it? Develop controls and make risk decisions.

What are the three basic categories of control risk management?

three basic categories — Engineering controls, Administrative controls, and Physical controls.

What are the terms in the risk assessment matrix?

You just studied 18 terms! Now up your study game with Learn mode. What do the terms “catastrophic, critical, moderate, and negligible” describe in the risk assessment matrix? What is the first step in the risk management (RM) process? How are hazards identified during mission planning? Which of the following is not a RM principle?

What do the terms ” frequent, likely, occasional, and unlikely ” describe?

What do the terms “frequent, likely, occasional, seldom, and unlikely” describe in the risk assessment matrix? Level of probability of an adverse event occurring What RM process step requires a cycle of continuous reassessment until the benefits of completing the mission outweigh the risks of not completing it?

How to take risk management flashcards for free?

ATTRS Registered Course Learn with flashcards, games, and more — for free. HomeSubjects Create Search Log inSign up Upgrade to remove ads Only $2.99/month Risk Management Basic Course — Soldier STUDY Flashcards Learn Write Spell Test PLAY Match Gravity Created by xucaixuan ATTRS Registered Course Terms in this set (13)

What is the step in the risk management ( RM ) process focused on determining?

What step in the risk management (RM) process is focused on determining the probability and severity of a hazard occurring? What is the intersection of the assessed probability and severity of a hazard called in the RM process? What is risk management (RM)?