Arizona State Coronal Polish Practice Exam

What are the four principles of risk management?

Identify, Assess, Mitigate, Review Accept no unnecessary risk, Make decisions at appropriate levels, Accept risk when benefits outweigh cost, Integrate RM throughout the mission Plan, Do, Check, Act Stop, Look, Listen, Think

Correct Answer:

Accept no unnecessary risk, Make decisions at appropriate levels, Accept risk when benefits outweigh cost, Integrate RM throughout the mission

Explanation:

The principles of risk management are: accept no unnecessary risk, make risk decisions at the appropriate level, accept risk when benefits outweigh cost, and integrate risk management into the mission.

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