Which of the following is the first step in operational risk management?

In the context of operational risk management, the first step is to identify mission tasks. Identifying mission tasks allows the coxswain and crew to understand the objectives of a mission clearly, which is crucial before assessing the hazards or evaluating risks. By defining the mission's scope, the personnel can better recognize what needs to be accomplished, thus setting the groundwork for the subsequent steps in risk management.

Understanding mission tasks also aids in the identification of potential hazards related to those tasks. It establishes a foundation upon which risk evaluation and monitoring can occur. Essentially, if the tasks are not clearly defined, it becomes challenging to effectively identify hazards, evaluate risks versus gain, or monitor situations effectively. This step is pivotal as it outlines what is at stake and what actions are needed to achieve the overall mission safely.