Handout 9 - Risk Management V20140101-1.0.1

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V20140101-1.0.0 Risk Management (RM) As an Air Force member, you should have had previous training on RM. This document is intended to be a high-level review of key concepts related to RM. As an inspector, you have a responsibility to ensure that the inspection scenarios you plan do not contain unnecessary risks that could result in injury, death and/or equipment damage. You must conduct an RM review of all inspection scenarios. Overview Reference Publication: Air Force Policy Directive 90-8, ENVIRONMENT, SAFETY & OCCUPATIONAL HEALTH MANAGEMENT AND RISK MANAGEMENT Air Force Pamphlet 90-803, Risk Management Guidelines and Tools The Air Force's Risk Management (RM) concept is based on the following tenets: All are responsible for using RM. Risk is inherent in all operations. Risk can be controlled. Risk management is not new to the Air Force. It's the way we do business everyday. However, this systematic approach to risk management is new in that it allows for more consistency in our decision-making processes. Rather than relying solely on individual experience to achieve the best results, risk management teaches us that careful analysis and control of hazards will give us the optimum results in any situation. Goals of Risk Management The fundamental goal of risk management is to enhance mission effectiveness at all levels, while preserving assets and safeguarding health and welfare. Additionally, the risk management process can identify and exploit opportunities that provide the greatest return on our investment of time, dollars, and personnel.

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Transcript of Handout 9 - Risk Management V20140101-1.0.1

Page 1: Handout 9 - Risk Management V20140101-1.0.1

V20140101-1.0.0

Risk Management (RM) As an Air Force member, you should have had previous training on RM. This document is

intended to be a high-level review of key concepts related to RM. As an inspector, you have a

responsibility to ensure that the inspection scenarios you plan do not contain unnecessary risks

that could result in injury, death and/or equipment damage. You must conduct an RM review of

all inspection scenarios.

Overview

Reference Publication:

• Air Force Policy Directive 90-8, ENVIRONMENT, SAFETY & OCCUPATIONAL

HEALTH MANAGEMENT AND RISK MANAGEMENT

Air Force Pamphlet 90-803, Risk Management Guidelines and Tools

The Air Force's Risk Management (RM) concept is based on the following tenets:

• All are responsible for using RM.

• Risk is inherent in all operations.

• Risk can be controlled.

Risk management is not new to the Air Force. It's the way we do business everyday. However,

this systematic approach to risk management is new in that it allows for more consistency

in our decision-making processes. Rather than relying solely on individual experience to

achieve the best results, risk management teaches us that careful analysis and control of hazards

will give us the optimum results in any situation.

Goals of Risk Management

The fundamental goal of risk management is to enhance mission effectiveness at all levels, while

preserving assets and safeguarding health and welfare.

Additionally, the risk management process can identify and exploit opportunities that provide the

greatest return on our investment of time, dollars, and personnel.

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Figure 1. Risk Management Goals

The ultimate objective of any military organization is maximizing combat capability. RM can

contribute to this objective by preventing mishaps and reducing the loss of resources. By

identifying hazards and controlling risks, RM maximizes combat capability. RM Principles

RM has four key principles that govern its application. These underlying principles should be

considered before, during, and after every application of the Five-Step Process.

1. Accept no unnecessary risk.

All USAF missions and daily routines involve risk. You must accept necessary risk required to successfully complete the mission or task. Unnecessary risk comes without a

corresponding return, in terms of real benefits or available opportunities. RM is

dedicated to identifying and avoiding unnecessary risks.

2. Make risk decisions at the appropriate level.

Those accountable for the success or failure of the mission must be included in the risk- decision process. This establishes clear accountability. Commanders must ensure

subordinates know how much risk they may accept and when they must elevate the

decision to a higher level.

3. Integrate RM into operations, activities and planning at all levels.

To effectively apply risk management, commanders, leaders and personnel must

dedicate time and resources to integrate RM principles into planning, operational

processes and day-to-day activities.

4. Apply the process cyclically and continuously.

RM is a continuous process applied across the full spectrum of military training and

operations, base operations functions, and day-to-day activities/ events both on- and off-

duty.

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The Five-Step RM Process

A 5-Step cycle of RM where hazards are continually identified, assessed, mitigated and

controlled, and evaluated.

Figure 2. – 5-step RM Process

Refresher Training. If you need more in-depth refresher training on RM, the new AF RM

Fundamentals Course is now up and operational on the ADLS AF site. It can be accessed at

the following URL: https://golearn.csd.disa.mil/kc/main/kc_frame.asp , under the

"Miscellaneous" course list as "Air Force Risk Management Fundamentals". The course

should take most users approximately 1 hour to complete.