What does the TEAM system stand for when dealing with hazards?

The TEAM system is a structured approach to managing hazards that focuses on practical strategies for risk management. The components of the acronym stand for Transfer, Eliminate, Accept, and Mitigate.

• Transfer refers to the process of shifting the risk to another party. This can involve using insurance or outsourcing certain operations to reduce exposure to hazards.

• Eliminate aims to remove the hazard entirely. This may involve changing practices, utilizing different materials, or eliminating dangerous situations altogether.

• Accept means acknowledging that some risks are unavoidable and deciding to accept the risk as part of the operational or training environment when the costs of mitigation or elimination are prohibitive.

• Mitigate involves taking measures to reduce the severity or likelihood of the hazard's impact rather than completely removing the hazard.

These steps are crucial in ensuring that potential risks are adequately considered and managed in a systematic manner, which enhances safety and operational integrity. The other options do not align with the established risk management framework of the TEAM system and represent different or incorrect approaches to dealing with hazards.