In the ORM process, what is the second step?

In the ORM process, what is the second step?

• A. Identifying hazards
• B. Assessing Hazards
• C. Making risk decisions
• D. Implementing controls

Answer: (B)

In ORM, you move from spotting potential problems to judging how serious they are. After you identify hazards, the next move is to assess them—evaluate each hazard’s seriousness (the potential harm) and its likelihood (how often it could occur). This gives a clear risk level for each hazard, helping you prioritize which risks need attention and what controls will be most effective. Once hazards are assessed, you use that information to make risk decisions and then implement the appropriate controls. So, assessing hazards is the logical second step because you need a quantified sense of risk before deciding on actions.

In ORM, you move from spotting potential problems to judging how serious they are. After you identify hazards, the next move is to assess them—evaluate each hazard’s seriousness (the potential harm) and its likelihood (how often it could occur). This gives a clear risk level for each hazard, helping you prioritize which risks need attention and what controls will be most effective. Once hazards are assessed, you use that information to make risk decisions and then implement the appropriate controls. So, assessing hazards is the logical second step because you need a quantified sense of risk before deciding on actions.