Low, Medium, High, and Extremely High
Percepteion of the elements in the enviornment within a volume of time and space
ORM should only be used when the individual has time to plan an operation or evolution.
Develop an implementation plan for risk control measures.
Accept no unnecessary riskMake risk decisions at the appropriate levelAccept the risk when the benefits outweigh the costsIntegrate ORM into Air Force doctrine and planning at all levels
Navy ORM is a 5 step process, applied using 4 principles, at 3 levels. 5 steps are: Identify hazards , Assess hazards, Make risk decisions , Implement controls , Supervise (and watch for changes).
Accept no unnecessary riskMake risk decisions at the appropriate levelAccept the risk when the benefits outweigh the costsIntegrate ORM into Air Force doctrine and planning at all levels
Accept no unnecessary riskMake risk decisions at the appropriate levelAccept the risk when the benefits outweigh the costsIntegrate ORM into Air Force doctrine and planning at all levels
Make risk decisions at the appropriate level
Develop an implementation plan for risk control measures.
Percepteion of the elements in the enviornment within a volume of time and space
ORM should only be used when the individual has time to plan an operation or evolution.
Accept no unnecessary riskMake risk decisions at the appropriate levelAccept the risk when the benefits outweigh the costsIntegrate ORM into Air Force doctrine and planning at all levels
Develop an implementation plan for risk control measures.
Accept no unnecessary riskMake risk decisions at the appropriate levelAccept the risk when the benefits outweigh the costsIntegrate ORM into Air Force doctrine and planning at all levels
Navy ORM is a 5 step process, applied using 4 principles, at 3 levels. 5 steps are: Identify hazards , Assess hazards, Make risk decisions , Implement controls , Supervise (and watch for changes).
Even high-risk endeavors may be undertaken when there is a clear knowledge that the sum of the benefits exceeds the sum of the costs. ORM is about controlling risk, not avoiding all risk.
Risk Management Information System