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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 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 the are the two primary levels of risk management?

stratigic and operational


What are two primary levels of risk management?

stratigic and operational


Identify the the four key actions used to develop controls and make decisions on risk control measures?

five steps of the deliberate risk management process


What is the risk identification advantage gained by preforming an operational analysis?

What is the wingman concept as it relates to risk management


What type of risk is acceptable int eh risk management process?

five steps of the air force risk management process


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 are the fundamnetal goals of air force risk management?

the five steps of the air force risk management process


The real time risk management method abcd?

The five steps of the Air Force risk management process


Operational risk management?

The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.


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