Fox Mike said:Many people who get lost fail to do one thing; realize that you are lost. DO NOT PANIC! Analyze the situation before stricking out and making things worse.
An acquaintance years ago was active with RMRU, the Riverside (CA) Mountain Rescue Unit, a local SAR group who, as their name says, specialized in mountain rescues. He'd also been involved with boating and water rescues earlier. He told me a lot about what they did and how they did it, and two things in particular have stuck in my head over the years. I think they'd agree with your training, Frank:
1. People usually give up before their equipment does; and
2. PANIC has killed more people than anything else when faced with an emergency situation.