Operational Risk Management
Operational Risk management (ORM) is a systematic approach to identifying, assessing, and mitigating risks that may impact an organization's operations. In aviation, ORM is used to manage risks associated with flight operations, maintenance, ground handling, and other activities. The process involves identifying potential hazards, assessing the likelihood and severity of the risks, and implementing controls to reduce or eliminate the risks. ORM is an important part of aviation safety management systems and helps to ensure that risks are managed effectively and efficiently.
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