Question

select the first step of the orm process.

a) assess hazards
b) supervise
c) make risk decisions
d) identify hazards

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 first step

The first step in the sequence is "Identify Hazards".

Answer:

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