Individual-Managing Your Risk (Orm) Questions And Answers 100% Verified A+ Guaranteed

Which term most closely matches the description: A structured process to identify and assess hazards. An expression of potential harm, described in terms of hazard severity, mishap probability and exposure to hazards. {Ans: Risk Assessment}Which of the following is NOT a principle of ORM? {Ans: Eliminate risk through the application of ORM.}___________ are actions taken or measures put in place to eliminate a hazard or reduce the associated identified risk. {Ans: Controls}Which term most closely matches the description: Risk remaining after controls have been identified and selected. {Ans: Residual Risk}Which term most closely matches the description: Any real or potential condition that can cause injury, illness, or death to personnel; damage to or loss of equipment or property; degradation of mission capability or impact to mission accomplishment; or damage to the environment. {Ans: Hazard}Which term most closely matches the description: An expression of the risk associated with a hazard that combines its severity and probability into a single Arabic numeral which can be used to help determine hazard abatement priorities. {Ans: Risk Assessment Code}Which of the following is NOT a level of ORM? {Ans: Intentional}Navy ORM is a ____ step process, applied using