Questions and CORRECT Answers
ORM - CORRECT ANSWER - Decision making tool used by people at all levels to
increase operational effectiveness by anticipating hazards and reducing the potential for loss,
thereby increasing the probability of a successful mission.
ORM improves - CORRECT ANSWER - our ability to make informed decisions by
providing the best baseline of knowledge and experience available.
ORM minimizes - CORRECT ANSWER - risk to acceptable levels, commensurate with
mission accomplishment.
Applying the ORM process - CORRECT ANSWER - will reduce mishaps, lower costs,
and will find for a more efficient use of resources.
Hazard - CORRECT ANSWER - a condition with the potential to cause personal injury or
death, property damage, or mission degradation.
Risk - CORRECT ANSWER - an expression of possible loss in terms of severity and
probability.
Risk Assessment - CORRECT ANSWER - the process of detecting hazards and assessing
associated risks.
Identify hazards - CORRECT ANSWER - "What are the potential hazards?"
Assess hazards - CORRECT ANSWER - "These are the hazards. How severe are the
associated risks if the hazards were to occur?"