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What does ORM stand for?
Operational Risk Management
What is the purpose of ORM?
To identify and manage hazards.
How many ORM steps are there? And what are they?
- Identify hazards
- Assess hazards
- Make risk decisions
- Implement Controls
How many mishap classes are there? And what are they?
What classifies a mishap as a Class A?
- Reportable material property damage is $2,000,000 or more
- Injury or occupational illness results in fatality or permanent total disability