The Identify Options step in the Operational Risk Management (ORM) process focuses on recognizing and evaluating various strategies to mitigate risks. This includes the implementation of engineering controls, such as safety devices or redesigning processes to reduce hazards, as well as administrative controls like training and procedures to enhance safety awareness. Additionally, protective equipment controls are introduced to safeguard personnel from potential risks. Together, these measures help create a comprehensive approach to managing operational risks effectively.
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