Executive summary risk mitigation 2 - KJ IS3350 2/20/14...

KJ
IS3350
2/20/14
Unit 9 Assignment 1: Executive Summary on Risk Mitigation
Risk mitigation measures are introduced with the objective to:

Eliminate the risk; or

Mitigate the risk, if elimination is not feasible; or

Cope with it, if neither elimination nor mitigation is feasible.
The identification of appropriate risk mitigation measures requires a good understanding
of the hazard and the factors contributing to its occurrence, since any mechanism that
will be effective in reducing risk will have to modify one or more of these factors. Risk
mitigation measures may work by reducing the probability of occurrence, or the severity
of the consequences, or both. Achieving the desired level of risk reduction may require
the implementation of more than one mitigation measure.
According to ICAO Doc 9859 - Safety Management Manual, the possible approaches to
risk mitigation include:

Revision of the system design (before system implementation);

Modification of operational procedures;
