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Safety Risk Assessment and Mitigation
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Principles of Acceptance of Risks
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Number 1: Accept No Unnecessary Risk
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Number 2: Make Risk Decisions at the Appropriate Level
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Number 3: Accept Risk When Benefits Outweigh the Costs
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Number 4: Integrate Risk Management into planning At All levels
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Risk Evaluation
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Mishap Severity (S)
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RISK ASSESSMENT MATRIX
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The categorizations are defined as following
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Risk Mitigation
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End of Mitigation and Feedback