What is the main purpose of using ORM within naval operations?

The main purpose of using Operational Risk Management (ORM) within naval operations is to manage hazards effectively. ORM provides a structured approach that enables personnel to identify, assess, and mitigate risks associated with various operational tasks. This process is essential in maintaining safety and enhancing mission effectiveness, as it helps to anticipate potential hazards and implement strategies to minimize their impact.

By using ORM, naval operators can ensure that all aspects of a mission are assessed regarding their risks, leading to informed decision-making and improved safety protocols. This proactive risk management approach is crucial to ensuring the safety of service members and the success of naval operations, making it a fundamental component of operational readiness.

The other options, while relevant to different aspects of operations, do not capture the central focus of ORM. Resource allocation, economic impacts, and regulation enforcement are separate processes or considerations that, while they may intersect with risk management, do not embody the core purpose of ORM.