Which option correctly defines the components of ORM 3-2-1?

The correct definition of ORM 3-2-1 is that it provides a structured approach to the final stages of an approach, ensuring safety and preparedness for landing. In this context, the option stating "On profile, runway in sight, maneuver safely to land" accurately captures the essence of ORM 3-2-1.

The phrase "On profile" indicates that the aircraft is at the correct altitude and configuration for the approach. "Runway in sight" confirms that the pilot can visually identify the runway, which is critical for confirming orientation and the approach setup. Finally, "maneuver safely to land" encapsulates the necessary action of aligning the aircraft for a safe and effective touchdown, emphasizing the importance of situational awareness and proper flight path management right before landing.

Each component of the correct answer is integral to effective operational risk management, reinforcing the importance of being aware of one’s surroundings and executing corrective actions when necessary. This structured approach ultimately enhances safety during critical phases of flight.