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Make risk control decisions and implement control measures

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Maybelle Sipes

Lvl 9
2y ago

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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 type of risk is acceptable in the 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 of risk is acceptable in ORM process?

A necessary risk with benefits that outweigh the costs.


What type or risks is acceptable in the ORM process?

A necessary risk with benefits that outweigh the costs.


What are ORM principles?

what are ORM principles