What is the final step of the ORM process?

The final step of the ORM process is to supervise and review. This step is essential because it focuses on monitoring the effectiveness of the risk controls that have been implemented and ensuring that they are working as intended. Supervision and review allow for the identification of any new hazards or changes in conditions that might necessitate adjustments to the risk management strategies.

Additionally, this step helps in fostering a culture of continuous improvement, as it encourages feedback and learning from experiences. By actively supervising operations and reviewing the risk management strategy, organizations can maintain awareness of potential risks and ensure that safety measures remain relevant and effective over time. This proactive approach helps mitigate future risks, making it a critical component of the entire ORM process.