A | B |
What directive contains information on Operational Risk Management (ORM)? | OPNAVINST 3500.39 |
What is an effective process for maintaining readiness in peacetime and achieving success in combat without infringing upon the prerogratives of the commander? | Operational Risk Management (ORM) |
What is a decision making process that enhances operational capability? | Operational Risk Management |
Operational Risk Management is integrated into what level of a command? | All levels of the command |
What is a condition with the potential to cause personal injury or death, property damage or mission degradation? | Hazard |
What is meant by the ORM term "risk"? | An expression of possible loss in terms of severity and probability. |
What is the process of detecting hazards and assessing associated risks? | Risk Assessment |
What is the process of dealing with risk associated within military operations, which includes risk assessment, risk decision making and implementation of effective risk controls? | Operational Risk Management |
What are the five steps of the Operational Risk Management(ORM) process? | 1)Identify hazard 2)Assess hazards 3)Make risk decisions 4)Implement controls 5)Supervise |
What are the three ORM Process Levels? | 1)Time-critical 2)Deliberate 3)In-depth |
What level of the Operational Risk Management (ORM) process is employed by experienced personnel to consider risk while making decisions in a time-compressed situation? | Time-critical level |
What level of the Operational Risk Management (ORM) process uses primarily experience and brainstorming to identify hazards and develop controls (and therefore is most effective when done in a group)? | Deliberate Level |
What level of the Operational Risk Managment (ORM) process is used to more thoroughly study the hazards and their associated risk in a complex operation or system, or one in which the hazards are not well understood? | In-depth Level |
What are the four pronciples of Operational Risk Management? | 1)Accept risk when benefits outweigh the cost 2)Accept no unnecessary risk 3)anticipate and manage risk by planning 4)Make risk decisions at the right level |
What is the goal of Operational Risk Management? | Not to eliminate risk, but to manage the risk so that the mission can be accomplished with the minimum amount of loss |
When does a leader responsible for executing a mission, elevate the decision to their chain of command? | When the leader determines that the risk associated with that mission CANNOT be controlled at his/her level, or goes beyond the commander's stated intent. |
OPNAVINST 3500.39 Operational Risk Management | OPNAVINST 3500.39 Operational Risk Management |