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It's a grapic depiction of the interactions between Man, Machine, Media, and Management, and Mission that must be analyzed as a whole in order to apply risk controls.
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∙ 14y ago
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What is the purpose of operational risk management software?
The phrase Operational Risk Management, is a continual cyclic process in which includes risk assessment, risk decision making, and the implementation of risk controls which can result in acceptance, mitigation, or avoiding risk.
What is the risk identification advantage gained by preforming an operational analysis?
What is the wingman concept as it relates to risk management
Which one of the following is not one of the risk management principle's?
Risk management must be integrated into operational missions Risk decisions must be made at the lowest level of responsibility Risk is an unavoidable and acceptable result of Army operations Risk management must be applied cyclically and continuously
What in Step 6 of the Operational risk management Process includes what actions?
Supervise, Review, and Feedback
Is the process used to mitigate operational risks. Although created with military operations in mind these procedures can be used to plan other activities?
Operational risk management
What is the definition of the operational risk management?
The process of dealing with risk assoceiated within military operations, which includes risk assessment, risk decision making and implementation of effective risk controls
What is the definition of Operational Risk Management (ORM)?
The process of dealing with risk assoceiated within military operations, which includes risk assessment, risk decision making and implementation of effective risk controls
What is the purpose of operational risk management software?
The phrase Operational Risk Management, is a continual cyclic process in which includes risk assessment, risk decision making, and the implementation of risk controls which can result in acceptance, mitigation, or avoiding risk.
What are two primary levels of risk management?
stratigic and operational
What the are the two primary levels of risk management?
stratigic and operational
What is the risk identification advantage gained by preforming an operational analysis?
What is the wingman concept as it relates to risk management
Operational risk management?
The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.
What are the two components of the earnings allocation model?
Risk Management and Investment. =]
Which one of the following is not one of the risk management principle's?
Risk management must be integrated into operational missions Risk decisions must be made at the lowest level of responsibility Risk is an unavoidable and acceptable result of Army operations Risk management must be applied cyclically and continuously
What in Step 6 of the Operational risk management Process includes what actions?
Supervise, Review, and Feedback
Is the process to mitigate operational risks. Although created with military operations in mind these procedures can be used to plan other activities?
Operational risk management
What are the two primary levels of Air Force risk management?
deliberate and real-time
