What does the 'Supervise' step in the ORM process involve?

The 'Supervise' step in the Operational Risk Management (ORM) process involves determining the effectiveness of risk controls. In this context, supervision refers to the continuous oversight and monitoring of risk management measures that have been put into place. This step is vital for ensuring that the previously identified controls are functioning as intended and effectively mitigating the risks associated with the operation.

By evaluating the performance of these risk controls, you can identify any deficiencies or areas for improvement. This ongoing assessment allows for timely adjustments to enhance safety and performance, thus ensuring that risks are being managed appropriately throughout the operation. Proper supervision is essential for maintaining the integrity of the risk management strategy and helps to ensure mission success in dynamic environments.