What is one level of Operational Risk Management (ORM)?

Operational Risk Management (ORM) consists of structured processes aimed at identifying, assessing, and mitigating risks to ensure effective decision-making within an organization. One key level of ORM is the "Deliberate" approach, which emphasizes intentional planning and consideration of risks before undertaking any operations or activities.

By adopting a deliberate ORM level, organizations can carefully analyze potential hazards, evaluate the risk involved in specific actions, and implement preventative measures or contingencies. This systematic approach fosters a culture of proactive risk management, ultimately leading to safer and more efficient operations.

The other options do not align with ORM principles. Fluctuating, random, and scattered suggest a lack of control or systematic management, which directly contrasts with the structured and thoughtful process that "Deliberate" embodies.