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16 Cards in this Set
- Front
- Back
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What directive contain information on Operational Risk management (ORM)?
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OPNAVINST 3500.39 (series).
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What is an effective provess for maintainng readiness in peacetime and achieving success in combat without infringing upon the prerogatives 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 (ORM).
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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 meant by the ORM term "hazard"?
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A conditionwith the potential to cause personal injury or death, property damage or mission degradation.
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Operational Risk management (ORM) is intergrated into what levels of a command?
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All levels of the command.
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What is meant by the ORM term "risk management"?
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The process of detecting hazards and assessing associated risks.
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What is meant by the ORM term "ORM"?
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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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What are the five steps of the Operational Risk management (ORM) process?
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1-Identify hazards, 2-asess hazards, 3-make risk decisions, 4-iplement 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 ORM proess is employed by experienced personnel to consider risk while making decisions in a time-compressed situation?
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The time critical level.
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What level of the ORM process uses primarily experience and brainstorming to identify hazards and develop controls (and therefore is most effetie when done in a group)?
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The deliberate level.
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What level of the ORM process is used to more thorougly study the hazzards and their associated risk in a complex operation or system, or one in which the hazards are not well understood?
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The in-depth level.
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What are the four principles of ORM?
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1-accept risk when benefits outweigh the cost, 2-accept no unnecesary risk, 3-accept no unnecessary risk, 4-anticipate and manage risk by planning , and make risk decisions at the right level.
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What is the goal of Operational Risk management (ORM)?
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Not to eliminate risk, but to anage 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 theat mission CANNOT be controlled at his/her level, or goes beyond the commander's stated intent.
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