Question

Using the marine corps planning process (mcpp) to produce an operations order (opord) is an example of which level of risk management?

Answer 1

Answer:

Deliberate level of risk management

Explanation:

Risk management can be defined as a process whereby situations or circumstances that can pose or cause risks to a firm or management operations is properly identified.

Risk management also involves taking appropriate measures to prevent such risks from occurring or taking place.

Risk management also involves controlling or mitigating against any for of risks that may occur in the future.

Risk management includes the following steps:

a) Identify the risks

b) Assess the risks

c) Make decisions

d) Place appropriate controls in place

e) Carry out adequate supervision.

Operational Risk Management has 3 levels and they are:

1) Deliberate Risk Management.

2) Time Critical Risk Management.

3) Strategic Risk Management.

In the question above, using the marine corps planning process (mcpp) to produce an operations order (opord) is an example of Deliberate level of risk management.

Deliberate level of risk management can be defined as the risk management level that is carried out or well executed amongst a group of personnels.

It is the level of risk management that is carried out when we are trying to execute or carry out a particular project.