Which step of the DoD Risk Management Process consists of the activities to develop, implement, and document the risk management process?

Which step of the DoD Risk Management Process consists of the activities to develop, implement, and document the risk management process?

• A. Mitigation
• B. Planning
• C. Assessment
• D. Monitoring

Answer: (B)

Planning the risk management process is about establishing how risk management will be done. It includes developing the risk management approach, assigning roles and responsibilities, defining procedures, and documenting the process so everyone knows how to proceed. This sets up a repeatable framework for all subsequent steps—identifying hazards, assessing risk, selecting and implementing controls, and monitoring effectiveness. Mitigation focuses on applying controls to reduce risk, not on creating or documenting the overall process. Assessment deals with identifying hazards and evaluating their risk levels, rather than establishing the process itself. Monitoring is about tracking risks and how well controls work over time, not about planning or documenting the RM process.

Planning the risk management process is about establishing how risk management will be done. It includes developing the risk management approach, assigning roles and responsibilities, defining procedures, and documenting the process so everyone knows how to proceed. This sets up a repeatable framework for all subsequent steps—identifying hazards, assessing risk, selecting and implementing controls, and monitoring effectiveness.

Mitigation focuses on applying controls to reduce risk, not on creating or documenting the overall process. Assessment deals with identifying hazards and evaluating their risk levels, rather than establishing the process itself. Monitoring is about tracking risks and how well controls work over time, not about planning or documenting the RM process.