Definition 1 of 2
Plain English Meaning
Once you've spotted a risk, you have four choices for what to do about it: hand it off to someone else, remove it completely, live with it, or take steps to make it smaller.
Full Definition
TEAM is a risk management memory aid used to identify the four options available for handling a recognized hazard: Transfer the risk to someone else better equipped to manage it, Eliminate the risk entirely by avoiding the activity, Accept the risk when the benefits outweigh the costs, or Mitigate the risk by taking actions that reduce its likelihood or severity.
Context Anchor
Used in aviation instruction and preflight decision-making when an instructor or is deciding how to handle a hazard before or during a .