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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Describe the concept of ORM
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Making informed decisions to increase operational effectiveness by identifying, assessing, and managing risks thus minimizing risks to acceptable levels.
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The amount of risk accepted is greater in war than in peace
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Explain the following as they apply to ORM:
Identify Hazards |
complete an Operational Analysis followed by a Primary Hazard Analysis.
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Operational Analysis - a chart or graph of major steps
Primary Hazard Analysis - list with possible causes |
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Explain the following as they apply to ORM:
Assess Hazards |
For each hazard determine degree of risked based on probability and sevarity
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A matrix helpful to determine degree of risk.
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