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Make risk control decisions and implement control measures

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16y ago

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What are the fourth and fifth processes of the orm process?

Make risk control decisions and implement control measures


Which level of ORM applies all five steps of the ORM process?

deliberate


What is the first step of the Coast Guards Operational Risk Management ORM process?

The first step of the Coast Guard's Operational Risk Management (ORM) process is to identify hazards. This involves recognizing potential risks that could adversely affect operations or personnel. By systematically identifying these hazards, the Coast Guard can assess and mitigate risks effectively in subsequent steps of the ORM process.


What is the proper order of the five steps of the ORM process?

Identify Hazards; Assess Hazards; Make risk decisions; Implement Controls; Supervise


Navy ORM is a step process applied using principles at 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).


How does the last step of the ORM process add value to the ORM process?

costs versus benefits are reviewed focusing on improvements in mission performance.


How many steps does the ORM process have?

The ORM (Object-Relational Mapping) process typically involves four main steps: mapping the database schema to an object-oriented model, generating the corresponding classes based on the schema, performing CRUD (Create, Read, Update, Delete) operations using these classes, and managing the relationships between objects. This allows developers to interact with the database using high-level programming constructs instead of SQL queries. The specific implementation details may vary depending on the ORM framework used.


What do you do in Step Six of the ORM Process?

Designate lines of accountability and support.


What are the five steps of the ORM process?

The five steps of the ORM (Operational Risk Management) process are: Identify the risks by recognizing potential threats that could impact operations. Assess the risks by evaluating their likelihood and potential impact on the organization. Control the risks by implementing measures to mitigate or eliminate them. Monitor the risks continuously to ensure that control measures are effective and to identify any changes in the risk environment. Communicate the risks and management strategies to all relevant stakeholders to ensure awareness and preparedness.


What action does step 6 of the ORM Process include?

Supervise, Review, and Feedback


What type of risk is acceptable in the ORM process?

A necessary risk with benefits that outweigh the costs.


What Type of risk is acceptable in ORM process?

A necessary risk with benefits that outweigh the costs.