What is risk mitigation?

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Multiple Choice

What is risk mitigation?

Explanation:
Risk mitigation means actively reducing both the hazards and their likelihood, so the remaining risk stays within acceptable limits for the mission. It flows from identifying hazards, evaluating the risk, and then applying controls—engineering fixes, procedures, training, and protective equipment—to lower the chance and impact of harm. After these controls are put in place, some risk may remain (the residual risk), and mitigation focuses on keeping that residual risk at a tolerable level and having contingencies if something still occurs. The best answer captures this by describing actions taken to reduce hazards and residual risk to an acceptable level. In practice, this isn’t about avoiding all risk, transferring all risk to others, or ignoring risk until after the operation; it’s about proactive, layered measures to manage risk to an acceptable point.

Risk mitigation means actively reducing both the hazards and their likelihood, so the remaining risk stays within acceptable limits for the mission. It flows from identifying hazards, evaluating the risk, and then applying controls—engineering fixes, procedures, training, and protective equipment—to lower the chance and impact of harm. After these controls are put in place, some risk may remain (the residual risk), and mitigation focuses on keeping that residual risk at a tolerable level and having contingencies if something still occurs. The best answer captures this by describing actions taken to reduce hazards and residual risk to an acceptable level. In practice, this isn’t about avoiding all risk, transferring all risk to others, or ignoring risk until after the operation; it’s about proactive, layered measures to manage risk to an acceptable point.

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