Question

Navy orm is a ____ step process, applied using ____ principles, at ____ levels.

Answer 1

Hi! The answers would be 5, 4, 3.

Step-by-step explanation:

Like you might remember, navy orm is a process that has 5 steps to it (Identify Hazards; Assess Hazards; Make risk decisions; Implement Controls; Supervise).

These processes are applied by using 4 principles.

These principles are applied at 3 levels.

Answer 2

Navy orm is a four step process. The term Operational Risk Management (ORM) is defined as a continual cyclic process which includes risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk. Hope this helps.