2.5.1. Operation Risk Management Flashcards
What is risk?
Probability * Severity
Leaders and NCOs are accountable for preventing ____.
Loss
What does ORM mean?
Operation Risk Management
What does ORM allow us to do?
- Helps identify level of risk associated with a hazard
- increases ability to make informed decisions
- enables decision-maker to minimize risk to acceptable levels
Is the goal of ORM to eliminate risk?
GOAL: Minimize risks to acceptable levels so that the mission can be accomplished with minimal loss.
When do we accept risk?
When the benefits outweigh the costs
Steps of ORM
- Identify Hazards
- Assess risks
- Develop controls and make decisions
- Implement controls
- Supervise/Evaluate
What is METTTC
Mission, Enemy, Terrain and Weather, Troops and equipment/support, Time, Civil
Three requirements for effective controls
Suitable
Feasible
Acceptable
3 components of supervising and evaluating
- Enforce standards
- Evaluate effectiveness of controls
- Apply continuously
3 levels of ORM
In depth
Deliberate
Time Critical
There are two actions associated wit identifying hazards. What are they? Explain them.
- Operational Analysis - Outline the steps of the operation
2. Preliminary Hazard Analysis - List hazards associated with each step and the possible cause of those hazards
Terms we use to identify the degree of probability?
Frequent Likely Occassional Seldom Unlikely
Steps of reassessing risk
- Develop Controls
- Ensure ability to implement the controls
- Ensure ability to supervise the controls
- Reassess hazards
- Determine residual risk levels
4 conditions for good risk decisions
- Sound
- Acceptable
- Balanced
- Authorized
