1
Q
What are the principles of risk management?
A
AAIM
- Accept no unnecessary risk
- Accept risk when benefits outweigh the cost
- Integrate risk management
- Make risk decisions at the appropriate level
2
Q
How do we mitigate risk?
A
- IMSAFE
- PAVE
FRATS
3
Q
What is risk
A
Risk is defined as the probability and possible severity of accident or loss from exposure to various hazards, including injury to people and loss of resources
