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The Benefits of Risk Management ,[object Object],[object Object],[object Object]
Risk Management Terms ,[object Object],[object Object],[object Object],[object Object],[object Object]
Hazard A Condition With the Potential For Causing Injury, Damage, Or Mission Degradation.
RISK AN EXPRESSION OF POSSIBLE LOSS IN TERMS OF SEVERITY AND PROBABILITY
RISK ASSESSMENT Using sound concepts to Detect, HAZARDS and Estimate the Risk they Pose.
OPERATIONAL RISK MANAGEMENT The Process of Dealing With Risk Associated With Military Operations , Which Includes Risk Assessment , Risk Decision Making Implementation of Risk Controls .
GAMBLING Making Risk Decisions Without Reasonable or Prudent Assessment or Management of the Risk Involved
RISK MANAGEMENT PROCESS IDENTIFY HAZARDS ASSESS HAZARDS MAKE RISK DECISIONS IMPLEMENT CONTROLS SUPERVISE
IDENTIFY HAZARDS Operational Analysis Preliminary Hazard Analysis 1. List Hazards 2. List Possible Causes of Hazards Tools
ASSESS HAZARDS ,[object Object],[object Object],[object Object],[object Object],[object Object]
MAKE RISK DECISIONS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IMPLEMENT CONTROLS ,[object Object],[object Object],[object Object]
SUPERVISE ,[object Object],[object Object]
OPERATIONAL RISK MANAGEMENT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RISK MANAGEMENT RULES ,[object Object],[object Object],[object Object],[object Object]
SUMMARY ,[object Object],[object Object]
THE END

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