101.1: ORM Process Flashcards

1
Q

What does ORM mean?

A

Operational Risk Management

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2
Q

WHAT IS OPERATIONAL RISK MANAGEMENT?

A

A 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

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3
Q

What is the Marine Corps Order for ORM?

A

MCO 3500.27A

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4
Q

WHAT IS THE NAVY INSTRUCTION FOR ORM?

A

OPNAVINST 5100.19C

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5
Q

What are the 3 concepts of the ORM process?

A
  • Increases our ability to make informed decisions by providing the best baseline of knowledge and experience available.
  • Minimizes risks to acceptable levels
  • Reduce mishaps, lower costs, and provide efficient use of resources
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