To serve as a record of expenditure of organizational resources.
To serve as a record of expenditure of organizational resources
To serve as a record of expenditure of organizational resources.
Supervise, Review, and Feedback
Supervise, Review, and Feedback
costs versus benefits are reviewed focusing on improvements in mission performance.
Designate lines of accountability and support.
Remember that each step is a building block for the next step
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.
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False
Change analysis
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).