ML17265A844
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| ML17265A844 | |
| Person / Time | |
|---|---|
| Issue date: | 08/02/2017 |
| From: | Samson Lee Special Projects and Process Branch |
| To: | |
| Lee S/DORL-LSPB/301-415-3168 | |
| References | |
| Download: ML17265A844 (4) | |
Text
Risk-Informed Decision Making FrameworkCheat Sheets Risk TripletThe "Risk Triplet" helps us to get a ball-park idea of the relative risk of an issue or activityThis is done qualitatively by asking:
- What can go wrong?
- How likely is it?
- What are the consequences?
2 5 Key Principles of Risk-Informed Regulation
- Applicable regulations
- Defense in depth
- Safety margins
- Risk assessment
- Performance monitoring 3
5 Step Process for Decision Making1.Characterize the issue (including initial risk estimate)2.Define decision options 3.Assess each option (5 key principles +)
4.Integrate assessment of options and make recommendation5.Communicate assessment and recommendation 4