Operational Risk Management

Operational Risk Management

Reducing Injuries and Prevent Fatalities

Operational Risk Management (ORM) is about decisions. ORM will help you make decisions in situations of uncertainty and help balance your safety and operational objectives. You will make better decisions and get better results.  The goals of ORM training are to help you: 

1. Improve safety performance.
2. Increase operational performance.
3. Reduce costs.

The first and most important goal is to keep you from getting injured or killed while performing operational tasks.  The second goal is to improve the efficiency and effectiveness of your operations.  These two goals are not incompatible.  In fact, they are interdependent because the hazards and risks that may cause injuries or fatalities are the same hazards and risks that prevent you from accomplishing operational goals and objectives. 

The five steps in the ORM process are:

1. Clarify Level of Benefit
2. Identify Level of Risk
3. Compare Benefits with Risks
4. Decide on a Course of Action and Controls
5. Act to Implement, Supervise, and Review

For each step of the ORM process, the training program will guide you through several practical exercises.  These exercises are designed to develop a practical understanding of each step and to improve your skill and ability in applying each step before using the process in actual emergency operations.  After working through the practical exercises, you will then begin to apply each step during emergency incident operations and to assess your own performance with regard to the ORM process.