Assignment task:
Aviation is not the only highly regulated industry that uses risk management. For example, finance and the oil and gas industries are regulated and have robust risk management frameworks. The aviation industry should not limit itself to a singular way of managing risk and should leverage the best practices from other industries. That will only help us contribute to driving down our accident rate. For this assignment: Pick an industry outside of aviation (finance, oil and gas, nuclear, medicine, or any industry of interest to you). Research how your chosen industry deploys risk management and compare this to the aviation industry. Are there similarities and differences between the two? What differences should the aviation industry adopt? Follow these requirements for your report: Minimum length of one page and a maximum of two pages (not including title and reference pages) Conforms to current APA guidelines (abstract not required) Includes citations and references for sources Your papers must demonstrate a comprehension of the issue based on facts, not opinions. Facts may be from the course or other stated references. References must corroborate opinions. Use proper terminology as you apply the process (evaluation and analytical) of assessing hazards and risks to an aviation