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OPERATIONAL RISK MANAGEMENT B130786 STUDENT …

UNITED STATES MARINE CORPS THE BASIC SCHOOL MARINE CORPS TRAINING COMMAND CAMP BARRETT, VIRGINIA 22134-5019 OPERATIONAL RISK MANAGEMENT B130786 STUDENT HANDOUT Basic Off icer Course B130786 OPERATIONAL Risk MANAGEMENT 2 Basic Officer Course OPERATIONAL Risk MANAGEMENT (ORM) Introduction This purpose of this class is to provide basic instruction on the fundamentals of OPERATIONAL Risk MANAGEMENT (ORM) and to highlight the procedures and responsibilities that all Marines must take in both an OPERATIONAL and non- OPERATIONAL environment in order to identify hazards and eliminate or reduce the risks associated with them.

Risk management is the process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk costs with ... The hazard is insufficient time to plan, prepare, and execute operations. Planning time is always at a premium. Leaders routinely apply the one-third/two-thirds rule

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