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

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KJIS33502/20/14Unit 9 Assignment 1: Executive Summary on Risk MitigationRisk mitigation measures are introduced with the objective to:Eliminate the risk; orMitigate the risk, if elimination is not feasible; orCope with it, if neither elimination nor mitigation is feasible.The identification of appropriate risk mitigation measures requires a good understandingof 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 torisk mitigation include:Revision of the system design (before system implementation);Modification of operational procedures;

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Term
Spring
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Tags
risk mitigation measures

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