Plain English Meaning

A simple four-choice list a pilot uses to decide what to do about each risk on a flight: hand it off, get rid of it, live with it, or reduce it.

Full Definition

A risk management tool used in the Perform step of the 3P (Perceive, Process, Perform) model, in which the pilot decides how to handle each identified hazard by choosing one of four actions: Transfer the risk to someone better equipped to handle it, Eliminate the risk entirely, Accept the risk as it stands, or Mitigate the risk to reduce its severity or likelihood.

Context Anchor

Seen in aeronautical decision-making discussions, especially when applying the Perceive, Process, Perform model before or during a flight.