Which ORM steps does the "A" in the ABCD RM model combine?

Prepare for the Navy Operational Risk Management Test. Hone your skills with comprehensive multiple choice questions and insightful explanations. Elevate your readiness with targeted study materials!

The "A" in the ABCD RM model stands for "Analyze and Control Hazards." This step is crucial because it focuses on assessing the potential hazards identified in the previous steps and determining how to manage and mitigate those risks effectively.

In this stage, the goal is to thoroughly examine the hazards to understand their potential impact on operations and to develop strategies to either eliminate those hazards or reduce their risk to an acceptable level. This could involve implementing specific controls or measures designed to mitigate the identified risks.

Understanding this step is vital for operational risk management, as it lays the groundwork for ensuring safety and efficiency in Navy operations by systematically addressing hazards before they can lead to adverse outcomes. The process of analyzing and controlling hazards directly ties into the broader risk management framework, ensuring that hazards are adequately addressed based on their potential severity and likelihood of occurrence.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy