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Make risk control decisions and implement control measures
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What are the fourth and fifth steps of the ORM process?
Make risk control decisions and implement control measures
Which level of ORM applies all five steps of the ORM process?
deliberate
How does the last step of the ORM process add value to the ORM process?
costs versus benefits are reviewed focusing on improvements in mission performance.
What does the nuclear term ORM mean?
In the context of nuclear power operations, ORM typically stands for Operational Risk Management. It refers to the process of systematically identifying, assessing, and controlling risks to ensure safe and efficient operations within a nuclear facility. ORM helps to minimize potential incidents and optimize decision-making processes for plant personnel.
What do you do in Step Six of the ORM Process?
Designate lines of accountability and support.
What is the definition of Operational Risk Management (ORM)?
The process of dealing with risk assoceiated within military operations, which includes risk assessment, risk decision making and implementation of effective risk controls
What action does step 6 of the ORM Process include?
Supervise, Review, and Feedback
What is the first step of the Coast Guards Operational Risk Management ORM process?
The first step of the Coast Guard's Operational Risk Management (ORM) process is to identify hazards. This involves recognizing potential risks that could adversely affect operations or personnel. By systematically identifying these hazards, the Coast Guard can assess and mitigate risks effectively in subsequent steps of the ORM process.
What type of risk is acceptable in the ORM process?
A necessary risk with benefits that outweigh the costs.
What Type of risk is acceptable in ORM process?
A necessary risk with benefits that outweigh the costs.
Step 6 of the ORM Process includes which of the following actions?
Supervise, Review, and Feedback
What type or risks is acceptable in the ORM process?
A necessary risk with benefits that outweigh the costs.
