Operational Risk Management
Not to be confused with Safety Management Systems (SMS), Operational Risk Management (ORM) is a Risk Management philosophy used in mission critical environments. The United States military services utilize ORM. ORM revolves around a simple five-step process that is most frequently used in planning. These five steps are:
- Identify hazards
- Assess the hazards
- Make risk decisions
- Implement controls
- Supervise and watch for change
Here is a link to a U.S. Navy website that leads to significant ORM resources: www.safetycenter.navy.mil. Click on “ORM” on the top banner.
As a world-leading provider of aerospace insurance, Global Aerospace has been servicing the needs of the aviation industry for 95 years.
https://www.global-aero.com
© 2025 Global Aerospace, Inc.. All Rights Reserved.
Next ArticleRelated Posts
Part 108: The Next Step in BVLOS Integration and Drone Innovation
As the drone industry awaits the Federal Aviation Administration’s (FAA) forthcoming Part 108 regulations, the landscape of Beyond Visual Line of Sight (BVLOS) operations stands on the brink of transformation. These anticipated rules aim to standardize BVLOS flights, enabling more complex and expansive drone missions across various sectors.
Giving the Hazard Log the Attention It Deserves
Safety risk profile. Hazard log. Hazard risk register. Whatever you call it internally, one thing is clear: It is a fundamental requirement in your safety management system.
