Question

select the second step of the orm process.

a) make risk decisions
b) assess hazards
c) supervise
d) implement controls

Explanation:

Identify the five steps of the ORM process

The five steps of the Operational Risk Management (ORM) process are:

1. Identify Hazards
2. Assess Hazards
3. Make Risk Decisions
4. Implement Controls
5. Supervise

Determine the second step

The second step in the sequence is "Assess Hazards".

Answer:

• (A) Make Risk Decisions
• (B) Assess Hazards (Correct answer)
• (C) Supervise
• (D) Implement Controls