Risk Management Correct Questions And Answers(Verified)

Integrating RM into how we think is crucial to - ANSWER maintaining combat power and ensuring efficient mission accomplishment. Proper use of RM will support - ANSWER the standardization and institutionalization of techniques, tools, and procedures that lead to sound decision making and valid risk acceptance by Army leaders at all levels. Risk management is - ANSWER the process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk cost with mission benefits The primary premise of RM is that - ANSWER using this process increases operational effectiveness and the probability of mission accomplishment. It is a systematic way of identifying hazards, assessing them, and managing the associated risks. RM has the greatest impact at - ANSWER first-line supervisors apply the process. Deliberate RM refers to - ANSWER situations in which ample time is available to apply the five-step process as part of detailed planning for an operation. +most effective when done in a group. Real-time RM refers to - ANSWER the immediate management of hazards as they occur; usually during execution of an operation or performance of a task. +intuitive decision-making tends to replace deliberate planning. The principles of RM are - ANSWER • Integrate RM into all phases of missions and operations. • Make risk decisions at the appropriate level. • Accept no unnecessary risk. • Apply RM cyclically and continuously. Army forces must integrate RM throughout - ANSWER planning, preparation, execution, and assessment activities. Army units should use RM for on- and off-duty activities. Make risk decisions at the appropriate level - ANSWER A risk decision is a commander's, leader's, or individual's determination to accept or not accept the risk(s) associated with an action he or she will take or will direct others to take. Risk Tolerance - ANSWER the level of risk the responsible commander is willing to accept