Thousands of Risk Assessments are submitted to ARC every year. We’ve taken a look at the top 10 selected risk factors flight departments are facing and how to mitigate them. How do these compare to your top 10 factors and subsequent mitigations?
How to Mitigate Risk
- Identify
Complete a risk assessment to identify the primary hazards. - Assess Impact
A good risk assessment tool will do this for you automatically. It should have a set risk value for each factor previously determined by your team, automatically tally the risk score, and notify you when you have reached a medium or high-risk level. - Mitigate
Assess any elevated risk values against the department’s SOPs for guidance on implementing mitigations due to higher risk levels. There are four key strategies to mitigate risk:-
- Avoid
Eliminate the risk. - Transfer
Share or transfer the risk to another party. - Reduce
Implement actions to help reduce the likelihood or impact of the risk. - Accept
Accept the risk as is, but carefully monitor it.
- Avoid
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