What is the first sub-step in making informed risk decisions?

The first sub-step in making informed risk decisions involves identifying and assessing risk control options. This step is crucial because it lays the foundation for understanding the potential risks that could impact a mission or operation. By thoroughly identifying the risks, a leader can evaluate various strategies and measures that can be implemented to manage those risks effectively.

In this phase, the focus is on analyzing the risk environment, including recognizing hazards and determining the level of risk associated with them. This comprehensive assessment allows leaders to weigh different control options based on their effectiveness, feasibility, and the resources available. Once this information is gathered, it becomes possible to make informed, objective decisions on how to proceed with risk management, ensuring that any measures taken align with the goals and capabilities of the unit.

The other choices, while important in the overall risk management process, come after this initial assessment. Determining the type of control, implementing the risk plan, and documenting the risk process depend on first understanding the risks and assessing the potential control options available to address them. Without this foundational step, subsequent actions may be misaligned or ineffective in managing the identified risks.