Existence of a Global Plan to review and monitor the functions that must be undertaken by the OR function, to enable to firm to apply and monitor the models required.
. Existence of an operational events manual that is available to the all levels of staff.
. Development and formation of plans and processes to enable all levels of staff to identify and analyze operational events.
. Establishment of processes for the identification and collection of operational data losses.
. Implementation of a process for the analysis and identification of relevant bills or accounting entries as part of the process of identifying OR losses, etc.