One approach to assessing risk, covered in the FAAs Risk Management Handbook, is to use a risk assessment matrix (RAM) like the one depicted at right. The matrix simplifies part of the risk assessment process, since once likelihood and severity are determined for a given risk its easier to determine when mitigation is required.
The FAA's Risk Assessment Matrix (RAM) simplifies risk assessment by using likelihood and severity to determine mitigation needs, with red risks requiring mandatory mitigation and yellow risks recommended for mitigation.
Pilots should utilize Flight Risk Assessment Tools (FRATs), including available apps like AOPA's Flight Risk Evaluator, to evaluate flight risks.
All identified risks should ideally be mitigated by reducing their likelihood and/or severity, with a personal recommendation to treat unmitigated yellow risks as a "no-go" condition.
One approach to assessing risk, covered in the FAA’s Risk Management Handbook, is to use a risk assessment matrix (RAM) like the one depicted at right. The matrix simplifies part of the risk assessment process, since once likelihood and severity are determined for a given risk it’s easier to determine when mitigation is required.
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