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Operational Risk Management Guide - USDA

Operational RISK Management Guide DEPARTMENT OF AGRICULTURE FOREST SERVICE 2020 Last Updated 02/26/2020 RISK Management COUNCIL IN COOPERATION WITH THE OFFICE OF SAFETY & OCCUPATIONAL HEALTH and THE NATIONAL AVIATION SAFETY COUNCIL Contents Contents .. 2 Executive Summary .. i Introduction .. 1 What is Operational Risk Management ? .. 1 The Terminology of ORM .. 1 Principles of ORM Application .. 6 The Five-Step ORM Process .. 7 Step 1: Identify Hazards .. 7 Step 2: Assess Hazards .. 8 Risk Assessment Matrix .. 8 Risk Assessment Tool .. 13 Step 3: Make Risk Decisions .. 15 Identifying Risk Management Strategies.

Feb 26, 2020 · individuals. E.g., Life First and the Chief’s support for Facilitated Learning Analysis were culture-shapers that influence risk management decisions at all levels. ERM detects and identifies the systemic nature of some risks and mitigates these through cultural prompts, policy/ doctrine, and/ or budget allocations.

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