What are contingency plans?

Mar 3, 2025 ... FEMA Emergency Management Institute (EMI) Independent Study Course overview: IS-1171.A: Introduction to the Risk Management Process. Identify hazards; Assess the hazards; Make risk decisions; Implement controls; Supervise and watch for change. Another level of ORM is Time Critical Risk ... Oct 31, 2024 ... Step 5: Risk monitoring and control. The risk management process doesn't stop after planning; continuous risk monitoring is essential. New risks ... For each hazard you need to be clear about who might be harmed; it will help you identify the best way of managing the risk. That doesn't mean listing everyone ... Nov 10, 2024 ... What are the 5 Steps of Risk Management? · 1. Identify Hazards · 2. Assess and Prioritize the Risks · 3. Develop Control Measures · 4. Implement ... Aug 26, 2024 ... 5 Risk Control Measures · Elimination. Elimination is the most effective hierarchy of risk control. · Substitution. Substitution is the second ... Jan 15, 2025 ... Scaling third-party risk management means improving your program's activities and processes so you can handle increased vendor volume and/or operate more ... ERM is a continuous process that helps organizations identify, assess, prioritize and manage risks that may impact their business objectives. It is a ... Jun 23, 2021 ... 1. Identify potential risks. What can possibly go wrong? The four main risk categories of risk are hazard risks, such as fires or injuries; operational risks. Jan 13, 2025 ... These steps provide a structured approach to identifying, evaluating, and mitigating workplace hazards.