To Solve:
Please submit a three -page paper answering the following questions
1) Explain the concept of CRM that NASA uses and what could be the possible deficiencies in the process?
2) What are the four key areas that NASA considers when doing risk management
3) Explain RM/RIDM and CRM and how they all relate to each other?
4) On page 4 the handbook states there has to be a cost effective method to institute risk management, what do they mean by that statement?
Book to refer:
NASA: Risk Management Handbook