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Question
select the first step of the orm process.
a) assess hazards
b) supervise
c) make risk decisions
d) identify hazards
Identify the five steps of the ORM process
The five steps of the Operational Risk Management (ORM) process are:
- Identify Hazards
- Assess Hazards
- Make Risk Decisions
- Implement Controls
- Supervise
Determine the first step
The first step in the sequence is "Identify Hazards".
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- A) Assess Hazards
- B) Supervise
- C) Make Risk Decisions
- D) Identify Hazards (Correct answer)