What is the primary purpose of ORM?

The primary purpose of Operational Risk Management (ORM) is to improve mission success by reducing loss. ORM involves identifying, assessing, and controlling risks in every phase of operations. By effectively managing risks, organizations aim to minimize potential hazards that could lead to accidents, injuries, or financial losses.

The focus on improving mission success highlights that effective risk management not only protects personnel and equipment but also enhances overall operational effectiveness. By understanding and mitigating risks, vital resources can be allocated more efficiently, and personnel can operate with reduced uncertainty, leading to improved outcomes in mission objectives.

The other options, although relevant in their own contexts, do not capture the holistic aim of ORM. Increasing operational costs contradicts the intent of risk management, which seeks to avoid unnecessary expenses related to accidents and mishaps. Standardizing training procedures is important but is a subset of ensuring overall mission success rather than the primary aim. Enhancing equipment reliability is beneficial, yet it is one aspect of the broader goal of reducing operational risk to achieve successful missions.