What is the primary purpose of assessing hazards in ORM?

The primary purpose of assessing hazards in Operational Risk Management (ORM) is to identify potential threats to safety. This involves systematically evaluating any activities or situations that could lead to harm, whether to individuals or to the operation itself. Identifying these hazards is a critical first step in effectively managing risks, as it allows for the implementation of appropriate controls and mitigation strategies.

By recognizing potential threats early on, organizations can develop preventive measures, train personnel on risks, and create a culture of safety that prioritizes the well-being of everyone involved. This proactive approach promotes better planning and coordination, ultimately leading to a safer environment for all participants.

The other choices, while related to safety management, do not reflect the primary objective of the hazard assessment process. Eliminating all risks is not feasible, as some level of risk can always be present in operational activities. Creating rules for the range and establishing notification protocols may be outcomes of identified hazards, but these actions are secondary to the initial goal of recognizing and understanding the dangers first.