How many levels of ORM exist?

The correct answer indicates that there are three levels of Operational Risk Management (ORM). ORM is a systematic, decision-making process used to identify and manage risks associated with operations. The three levels of ORM are:

1. In-depth: This level involves a detailed analysis of risk for complex operations or when risks are not well understood. It typically includes thorough planning and collaboration among team members to identify all possible hazards and outcomes.

2. Deliberate: This level is applicable to situations that are somewhat less complex than those requiring in-depth ORM. It includes assessing risks as part of the planning phase for a particular operation. The goal here is to consider risks in the context of the mission's objectives and to implement controls for identified hazards.

3. Time-critical: This level occurs in situations that require immediate decision-making, such as responding to unexpected hazards during an ongoing operation. It involves quickly assessing risks and implementing mitigative actions on the spot to ensure safety and mission success.

Each of these levels serves a specific purpose and is tailored to the complexity and immediacy of the operational situation being addressed. By understanding these three levels of ORM, personnel can effectively evaluate risks and implement appropriate strategies to ensure safety and operational efficiency.