Make risk control decisions and implement control measures
costs versus benefits are reviewed focusing on improvements in mission performance.
identify control options, determine control effects, and prioritize control measures.
Online reputation is about what your online presence is and how are your customers/audiences reacting towards the product or services of your business through reviews and feedback. Online reputation is closely related to online reputation management aka (ORM). It is basically the practice of crafting different strategies to influence target customers/audience to give positive reviews and feedback about your online business.
Make risk control decisions and implement control measures
deliberate
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.
Identify Hazards; Assess Hazards; Make risk decisions; Implement Controls; Supervise
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).
costs versus benefits are reviewed focusing on improvements in mission performance.
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.
Designate lines of accountability and support.
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.
Supervise, Review, and Feedback
A necessary risk with benefits that outweigh the costs.
A necessary risk with benefits that outweigh the costs.