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17 Cards in this Set
- Front
- Back
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What directive contains information on Operational Risk Management (ORM)?
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OPNAVINST 3500.39
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What is an effective process for maintaining readiness in peacetime and achieving success in combat without infringing upon the prerogratives of the commander?
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Operational Risk Management (ORM)
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What is a decision making process that enhances operational capability?
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Operational Risk Management
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Operational Risk Management is integrated into what level of a command?
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All levels of the command
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What is a condition with the potential to cause personal injury or death, property damage or mission degradation?
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Hazard
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What is meant by the ORM term "risk"?
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An expression of possible loss in terms of severity and probability.
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What is the process of detecting hazards and assessing associated risks?
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Risk Assessment
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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?
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Operational Risk Management
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What are the five steps of the Operational Risk Management(ORM) process?
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1)Identify hazard 2)Assess hazards 3)Make risk decisions 4)Implement controls 5)Supervise
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What are the three ORM Process Levels?
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1)Time-critical 2)Deliberate 3)In-depth
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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?
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Time-critical level
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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)?
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Deliberate Level
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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?
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In-depth Level
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What are the four pronciples of Operational Risk Management?
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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
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What is the goal of Operational Risk Management?
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Not to eliminate risk, but to manage the risk so that the mission can be accomplished with the minimum amount of loss
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When does a leader responsible for executing a mission, elevate the decision to their chain of command?
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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.
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OPNAVINST 3500.39 Operational Risk Management
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OPNAVINST 3500.39 Operational Risk Management
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