Which of the following best describes the Navy's approach to Operational Risk Management?

The Navy's approach to Operational Risk Management (ORM) emphasizes the assessment and mitigation of risks to enhance mission effectiveness. This approach is comprehensive, involving the identification and evaluation of potential hazards that could impact personnel, equipment, and operations. By systematically analyzing these risks, the Navy can make informed decisions that increase both safety and operational readiness.

ORM is not solely about physical safety, as suggested by other choices; instead, it integrates safety into the broader context of mission performance. The goal is to ensure that risks are managed to allow for the successful accomplishment of assigned tasks while safeguarding the resources and personnel involved. Additionally, this approach goes beyond merely prioritizing training or deferring decisions to higher authority—it's about empowering personnel at all levels to understand and address risks proactively as part of their daily operations.