When implementing controls in ORM, which risk should be prioritized?

Prioritizing the most serious risk when implementing controls in Operational Risk Management (ORM) is crucial because it directly addresses the potential for significant negative impact on operations, personnel, and resources. By focusing on the most serious risk, you ensure that the greatest threats to safety and mission success are managed first. This approach allows for a more effective allocation of resources and efforts to mitigate risks that could result in catastrophic outcomes.

Addressing the most serious risks first increases safety and operational effectiveness, as it prevents losses or failures that could be detrimental to mission objectives. While other risks—such as the most probable or least serious—are important to consider, they do not pose the same level of threat as the most serious risks. Therefore, by targeting the most serious risks, the ORM process enhances overall risk management and helps maintain a safer working environment.