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Fundamentals of Risk Management
Video

Fundamentals of Risk Management

Risk Management 5- Step Process



Editorial Rating

8

Qualities

  • Applicable
  • Eye Opening
  • For Beginners

Recommendation

Risk management is a way of thinking and making decisions that doesn’t eliminate hazards, but that enables you to weigh costs and benefits and take rational chances. This US Air Force Safety Center video teaches a five-step risk management protocol that applies to job safety and daily hazards. Whether you’re running a company, fixing equipment or buying a house, something can always go wrong, but forethought helps you contain any damage. Tech. Sgt. Lisa Gonzales created this charming, old-school, often funny (featuring a speaker with a big, waxed mustache and a funky guy making an Elvis sandwich) training video offering broadly applicable basics about risk management thinking.

Take-Aways

  • Risk management allows you to take thoughtful risks.
  • Risk management has four principles: Don’t take pointless risks, take risk only if you’re the right person to do it, always manage risk and always apply risk management thinking.
  • Follow a five-step risk management process. First, find out what risks you face; second, evaluate their severity.

About the Speaker

US Air Force Tech. Sgt. Lisa Gonzales made this video for the US Department of Defense, Air Force Safety Center public affairs office.


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