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FMF Board study guide with explained 2024 latest updated test.
FMF Board study guide with explained 2024 latest updated test. 
 
 
 
 
 
 
 
 
 
 
What does ORM stand for ? - correct answers.Operational Risk Management 
 
Define ORM - correct answers.A risk mitigation tool used by people at all levels to increase operational effectiveness and reduce the potential for loss. 
 
What is the five step process of ORM ? - correct answers.Identify Hazards 
Assess Hazards 
Make Risk Decisions 
Implement Controls 
Supervise 
 
List the 4 principles of ORM ? - correc...