OPERATIONAL RISK MANAGEMENT -
TIME-CRITICAL RISK MANAGEMENT
(CPPD CPPD-GMT-ORMTC-1.0)
Three Key Factors in the "Assess" Step of Risk Management:
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1. Human Factors – e.g., fatigue, experience, stress
2. Task Loading – complexity, multitasking demands
3. Additive Conditions – environmental or operational pressures that
compound risk
Definition of Time Critical Risk Management (TCRM):
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TCRM involves the rapid application of risk management principles using all
available resources to complete a mission or task when time and resources are
limited.
Three Stages of Situational Awareness in Risk Management:
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1. Perception – Recognizing elements and cues in the environment
2. Comprehension – Understanding the meaning of those cues
3. Projection – Anticipating future status or events based on current
information
Three Levels of Risk Management:
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1. In-Depth – Used for long-term planning or complex situations
