OPERATIONAL RISK MANAGEMENT
ESAMS TRAINING EXAM
ORM should be applied to simple and redundant everyday evolutions, like driving to and
from work - Correct Answers -TRUE
Which of the following is NOT a level of ORM - Correct Answers -Intentional
_________ is an expression of possible loss, adverse outcome, or negative
consequence in terms of probability and severity. - Correct Answers –Risk
A structured process to identify and assess hazards. An expression of potential harm,
described in terms of hazard severity, mishap probability and exposure to hazards -
Correct Answers -Risk Assessment
Risk remaining after controls have been identified and selected. - Correct Answers -
Residual Risk
An expression of the risk associated with a hazard that combines its severity and
probability into a single arabic numeral which can be used to help determine hazard
abatement priorities. - Correct Answers -Risk Assessment Code
Actions taken or measures put in place to eliminate a hazard or reduce the associated
indentified risk - Correct Answers -Controls
Any real or potential condition that can cause injury, illness, or death to personnel;
damage to or loss of equipment or property; degradation of mission capability or impact
to mission accomplishment; or damage to the environment. - Correct Answers -Hazard
An expression of possible loss, adverse outcome or negative consequence; such as
injury or illness, in terms of probability and severity. - Correct Answers -Risk
What are the factors that should be considered when assigning a risk level in the
second step of the five-step process? - Correct Answers -Probability and severity
Being able, willing, and ready to actively participate, state, and maintain your position
until convinced that other options are better is a behavioral skill called _________. -
Correct Answers -assertiveness
ESAMS TRAINING EXAM
ORM should be applied to simple and redundant everyday evolutions, like driving to and
from work - Correct Answers -TRUE
Which of the following is NOT a level of ORM - Correct Answers -Intentional
_________ is an expression of possible loss, adverse outcome, or negative
consequence in terms of probability and severity. - Correct Answers –Risk
A structured process to identify and assess hazards. An expression of potential harm,
described in terms of hazard severity, mishap probability and exposure to hazards -
Correct Answers -Risk Assessment
Risk remaining after controls have been identified and selected. - Correct Answers -
Residual Risk
An expression of the risk associated with a hazard that combines its severity and
probability into a single arabic numeral which can be used to help determine hazard
abatement priorities. - Correct Answers -Risk Assessment Code
Actions taken or measures put in place to eliminate a hazard or reduce the associated
indentified risk - Correct Answers -Controls
Any real or potential condition that can cause injury, illness, or death to personnel;
damage to or loss of equipment or property; degradation of mission capability or impact
to mission accomplishment; or damage to the environment. - Correct Answers -Hazard
An expression of possible loss, adverse outcome or negative consequence; such as
injury or illness, in terms of probability and severity. - Correct Answers -Risk
What are the factors that should be considered when assigning a risk level in the
second step of the five-step process? - Correct Answers -Probability and severity
Being able, willing, and ready to actively participate, state, and maintain your position
until convinced that other options are better is a behavioral skill called _________. -
Correct Answers -assertiveness
