Description
The basic equation for risk is defined as R = ƒ(C*V*T) where R is the level of risk, C is the consequences (public health, our economy, government action, public confidence in our institutions) of an attack, V is an assessment of the vulnerability of a potential target (how hard or easy it would be for it to be hit by terrorists) and T is the threat or the likelihood that a specific target will suffer an attack or disaster from a specific weapon. The Department of Homeland Security has stated that it will apply risk management principles to homeland security operations and has stated that “Ultimately, homeland security is about effectively managing risks to the Nation’s security” (DHS 2010, 2). Drawing upon your class readings and additional research, examine how risk management is used by the homeland security enterprise and the many benefits derived from such activities as resource allocation, strategic planning, grant funding, or any other homeland security-related initiatives.Reference: U.S. Department of Homeland Security. (2010). Quadrennial homeland security review report: A strategic framework for a secure homeland. Washington, DC: Government Printing Office.
Length: 4-5 pages (excluding required title page and reference list), double spaced, 1" margins, 12 pitch type in Times New Roman font.
APA forma
Explanation & Answer
Attached.
Running Head: DHS RISK MANAGEMENT PROCESS
DHS Risk Management Process
Student Name:
Professor Name:
Course Name &Number:
University:
Paper Due Date:
1
DHS RISK MANAGEMENT PROCESS
2
Introduction
The Department of Homeland Security is primarily responsible for various risk analysis
elements. DHS is responsible for alleviating all threats that face homeland security ranging from
natural disasters, terrorism, as well as pandemics among other threats. However, the risk
management efforts implemented by DHS are weighted more towards the threat of terrorism.
Risk management is a fundamental input to decision making (Bullock, Haddow & Coppola,
2011). The Department of Homeland Security uses risk management to inform decision making
of a range of choices that range from high-level choices to low-scale protocols that are used to
dictate the minute-by-minute actions of all the employees in the department. The DHS has a well
established conceptual framework that is used in risk management. The standards risk analysis
formula used by DHS is Risk = Threat* Vulnerability* Consequences (Moteff, 2005). This risk
analysis framework used by DHS is quite effective in decomposing the threats that face
homeland and at the same time is effective for organizing information. The enterprise has well
established data streams, processes, as well established models that are used in execution of risk
analysis for the department’s various missions.
DHS Risk Management Process
The security risk management process implemented by DHS supports the enterprise’s
mission as well as that of partner organizations. This risk management process also conforms to
risk management frameworks as well as promulgated standards established by other
governments as well as transnational organizations (Comfort, 2005). Although these factors
directly affect DHS’s risk management process, the framework is specifically designed to meet
the mission of homeland security and provides DHS with a reference for risk management. The
DHS RISK MANAGEMENT PROCESS
3
DHS risk management process constitutes of a series of planning as well as analysis efforts that
inc...
Review
Review
