ajs562 risk management

Apr 19th, 2015
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Write a 1,400-word paper discussing the role and nature of organizational risk management in justice and security organizations and why it is important. Address the following in your assessment: • Planning for risk and identifying resources. • How justice and security organizations manage risk. • Costs associated in managing risk. • Consequences of failing to manage risk. • Benefits a properly performed risk analysis has for management and key stakeholders. Format your paper according to APA standards.

Word Count: 1434
Showing Page: 1/7
AJS562 Risk ManagementNameClassDateProfessorRisk Management Risk management is when members of the criminal justice organization take steps to determine the risks in order to ensure there is an effective response. Risk management involves first identifying the different risks to the organization in the risk assessment, assessing the risk and the level of threat it poses, and lastly prioritizing the risk. There are many different management approaches to assessing the risk and every organization will have different types and levels of risk. If an organization does not understand the risk they will nothave an effective response in the event of an emergency situation. Planning for Risk and Identifying Resources There are many different types of risk that can face the organization including natural disasters, terrorism, accidents in the workplace, cyber crimes, physical crimes, and lawsuits. Every type of organization faces risk as does the organizations in the criminal justice system. The criminal justice system faces all of the threats the regular organization faces but they are legally responsible for providing a proper response and will face greater risk for a criminal situation to occur. For example the greatest risks to the correctional facility are prisoners rioting. This type of criminal situation requires a unique and planned response. The first risk facing the criminal justice organization is of course the criminal risk. Each b

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