Risk treatment and reduction
13 important questions on Risk treatment and reduction
What are protection an mitigation?
What are the two types of protection measures (safeguards)?
§ After the event (“protection by means of mitigation”): are usually emergency measures to stop the damage accumulation or counteract the effects of the disaster
What is passive and active protection?
Active protection = with activation (sprinkler)
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What is risk treatment?
What are the three steps of risk treatment?
§ Evaluation and section of measures
§ Planning and implementation of chosen measures
Different safety measures for risk mitigation
* Prevention measures (inhibiting threat realization)
* Protective (and mitigative measures) (limit threat impact by reducing direct consequences)
* Remedial actions (limit consequences of threat implementation and indirect consequences)
* Recovery measures (aim to recover damages by risk tranference)
Different safety measures for risk mitigation
* Prevention measures (inhibiting threat realization)
* Protective (and mitigative measures) (limit threat impact by reducing direct consequences)
* Remedial actions (limit consequences of threat implementation and indirect consequences)
* Recovery measures (aim to recover damages by risk tranference)
What are abilities essential for resilience?
· To monitor critical developments
· To anticipate future threats and opportunities
· To learn from experience – successes as well as failures
Four premises for resilience engineering?
o Some adverse events cannot be expected
o Safety management must be proactive and reactive
o Safety cannot be isolated from the core (business) process
What are the two ways to deal with risk?
- Risk transfer
- Risk retention
2. Risk reduction
- Risk control
- Risk avoidance
Acceptance - reduction (low to high ownership of risk)
What are the two dimension of vulnerability- measures?
- Reduce likelihood of occurence
- Act on causes and probability of occurence
Protective/mitigation instruments (severity)
- Limit consequences
- Act on consequences without taking into account the occurence
Risk reduction (risk matrix) Four areas
- focus on periodical reviews, to keep low level of risk
2. Severity (LOW), occurence (HIGH)
- neccesity for good housekeeping
3. Severity (HIGH), occurence (LOW)
- adoption of contingency plans
4 Severity-Occurence (HIGH)
- actively manage risk to bring it to a safer level
What is the risk treatment method?
- List of sensitive processes
* Why and what to protect?
- List of sensitive assets
* From what to protect?
- Threat list
* What are the risks?
- List of impacts and potential
* How to protect them?
- List of safety measures
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding