Which of the following is NOT a step in the ORM process?

The ORM (Operational Risk Management) process is designed to enhance decision-making regarding risk and improve safety outcomes in operational environments. It consists of a series of systematic steps aimed at minimizing risks associated with operations and activities.

Implementing controls is a fundamental step in the ORM process, as it involves putting in place the measures necessary to mitigate identified risks. Assessing hazards is also a crucial step where potential threats are identified, analyzed, and evaluated. Making risk decisions is vital, as it involves determining the acceptable level of risk and deciding on the appropriate actions to take.

"Execute operations" does not belong to the ORM process because it refers to the actual carrying out of tasks or missions. While executing operations occurs within the framework of ORM, it is not considered a specific step in the risk management process itself. The ORM process focuses on preparation and decision-making processes before executing operations, ensuring that risks are properly assessed and managed beforehand.