Operational Risk Management (ORM)

Operational Risk Management (ORM),

Operational Risk Management (ORM):

  1. Meaning of Operational Risk Management (ORM): Implement the risk management process for operational risk. ORM identifies a wider range of risks than traditional risk management, but has more limited risks than corporate risk management (ERM).

Literal Meanings of Operational Risk Management (ORM)

Operational:

Meanings of Operational:
  1. On or ready for use.

Sentences of Operational
  1. The new laboratory is fully operational

Synonyms of Operational

in action, functioning, in use, working, up and running, operative, in operation, going, running

Risk:

Meanings of Risk:
  1. Exposing someone who has been harmed, harmed or damaged.

Synonyms of Risk

probability, put in jeopardy, gamble with, put in danger, threat, jeopardize, venture, prospect, take a chance with, expose to danger, possibility, hazard, bet, danger, gamble, peril, likelihood, imperil, wager, endanger, put on the line, fear, put at risk, menace, chance

Management:

Meanings of Management:
  1. The act of handling or controlling an object or person.

  2. To deceive.

Sentences of Management
  1. Herd management

Synonyms of Management

falsity, control, administration, running, falsehood, management, lying, deception, deceit, untruthfulness, supervision, falseness, duplicity, governing, direction