How many basic principles form the foundation for Risk Management in the Navy?

The foundation for Risk Management in the Navy is built upon four basic principles. These principles are essential for understanding and implementing effective risk management strategies to ensure the safety and success of naval operations.

The four principles include:

1. Identify hazards - Recognizing potential risks that could impact personnel, equipment, or missions.
2. Assess hazards - Evaluating the level of risk associated with identified hazards, which involves determining the likelihood and severity of potential incidents.
3. Make risk decisions - Deciding on risk control measures based on the assessment, which may involve accepting, mitigating, or eliminating the risks.
4. Implement controls - Applying the necessary procedures and actions to manage risks effectively.

These principles guide personnel in making informed decisions regarding safety and risk, ensuring that they are prepared to handle various situations in their operational environment. Understanding and applying these four principles is crucial for fostering a culture of safety and risk awareness in Navy operations.