Define risk management in training and list its five steps.

• A. The process used to identify and mitigate hazards in training; identify hazards; assess hazards; develop controls and make risk decisions; implement controls; supervise and evaluate.
• B. The process of budgeting training; identify costs; allocate funds; approve; execute; audit.
• C. The approach to reporting injuries; identify hazards; notify; document.
• D. A method for scheduling drills; identify dates; assign tasks; confirm; report.

Answer: (A)

Risk management in training is the systematic process of identifying and mitigating hazards to keep participants safe. It follows five steps: identify hazards, assess hazards, develop controls and make risk decisions, implement controls, and supervise and evaluate. This framework is used to anticipate what could go wrong, judge how serious and likely each hazard is, choose appropriate controls to reduce risk, put those controls in place, and monitor their effectiveness over time. In training contexts, you might identify hazards like equipment issues, procedural gaps, or environmental factors, then assess their severity and likelihood, decide on controls (such as safer equipment, clearer procedures, or additional supervision), implement those controls, and continue to supervise to ensure they’re working and adjust as needed. The other options describe budgeting, injury reporting, or scheduling activities, which aren’t about systematically managing risk in training.