What is the main goal of the ORM decision-making process?

The main goal of the Operational Risk Management (ORM) decision-making process is to make informed choices regarding risks. This approach ensures that individuals and teams assess potential hazards and their impacts, allowing for the identification of acceptable levels of risk while promoting safe operational practices. By focusing on informed decision-making, ORM cultivates a proactive culture where risks are managed systematically, and necessary precautions are implemented to mitigate them effectively.

This decision-making process encompasses risk assessment, control measures, and ongoing evaluations, facilitating better planning and execution of operations. It's crucial in ensuring that personnel, resources, and the environment are safeguarded while still achieving mission objectives. Informed risk choices empower decision-makers to weigh options carefully, consider consequences, and implement effective mitigation strategies, enhancing overall safety and operational effectiveness.