The preparation phase of SRM is performed immediately before a planned special or even
a routine event. In other high-risk organizations, this level is known as the deliberate phase of
risk management. The preparation phase can begin a few weeks before a special event, or a day
before a complex but reoccurring operation. In this phase, the SRM process is used to (1) ensure
that all hazards and risks identified in the planning phase are still relevant and (2) identify
and assess any new hazards and risks that may have surfaced or can be anticipated during
the execution.