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26 Cards in this Set
- Front
- Back
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Morals |
A person's standards of behavior or beliefs concerning what is and is not acceptable for them to do. |
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Ethics |
The rules or standards governing the conduct of a person or the members of a profession. |
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Values |
Basis for judgements about what is important for a person or an organization to do in order to succeed. |
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SMART |
Specific Measurable Achievable Realistic Time Bounded |
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Validity |
Degree to which your research accurately represents the construct. Are you measuring what you think your measuring? |
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Reliability |
Reliable if you can repeat the results every time, but for it to be valid the results need to be correct. |
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Net Present Value |
A calculation that compares the sum of the total amount invested today to the present value of the future cash receipts from the investment = to the amount invested is compared to the future cash amounts after they are discounted by a specified rate of return (interest) |
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Discount Rate % |
Cost of borrowing money. |
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Homeland Security |
The broad national effort by all levels of government -"federal, state , local and tribal"- to protect people and territories in the United States from all Threats and hazards both foreign and domestic in order to ensure liberty and the free flow of people and commerce. |
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Cost Benefit Analysis |
Provide an indication of the absolute benefit of a program in addition to the program’s relative contribution. Monetize both the costs and the consequences, first monetized and then discounted into current/present dollars •cost benefit analysis •Net Present Value (NPV) •Or predetermined rate of return |
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Intelligence |
Types of Intelligence, history, and U.S. involvement in intelligence gathering. |
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Law & Policy |
Study of constitutional law and other laws pertaining to Homeland security. |
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Emergency Management |
Comprehensive and integrated system that coordinates community resources before during and after an emergency. |
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Risk analysis |
Conducting risk based analysis to determine the deficiencies and weaknesses. |
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Critical Infrastructure and Key Resources |
Systems and assets vital to the state, that if incapacitated, would impact national security, economy, public, health/safety etc. |
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Strategic Planning |
An organizational management activity that is used to set priority, energy and resources towards one common goal. |
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Strategic Communications |
Activities of communications including public relations, managing communications between agencies. |
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Terrorism Studies |
The study of tactics, strategies, and insurgency types used by terrorist and how to counter them. |
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Environmental Security |
Policies and Procedures to protect, preserve and sustain the ecosystem, natural resources, human life, and global stability while reducing economic Threats security issues and mitigating negative Enviormental impacts. |
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Cyber security |
Body of technologies, processes, and practices designed to protect networks, computers, programs, and Data from Infiltration, attack, damage, or unauthorized access. |
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NPV relationship to discount rate |
They are inverse, the higher the discount rate goes up the lower the net present value goes down. |
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What should the NPV be to accept a project? |
The NPV must be greater than zero to accept a Project. |
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How does the Cost/Benfit ratio impact the Net Present value? |
The cost benefit ratio determines the net benefit value of each year in the NPV formula to determine if a project is acceptable. |
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5 Keys to professionalism |
Character- Moral or ethical quality; qualities of honesty, courage, or the like; integrity, reputation, good repute; an account of the qualities or peculiarities of a person or thing. Attitude- Manner, disposition, feeking, position, etc. With regard to a person or thing;. Tendency or orientation, especially of the mind. Excellence- fact or state of being the best. Competency- Quality of being good at what you do, having the required skills. Conduct- personal behavior |
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What is meant by the X files principle? |
Use at a minimum, an high and low estimate for the discount rate, each cost, and each benefit. |
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The Three levels of Sensitivity Analysis |
1) vary the discount rate using 2 numbers.
2) Vary the cost & benefit estimates (use hi low for each cost and each Benefit)
3) Vary the sequence and number of what's run and what you accomplish. (Varying costs of items on the spreadsheet) |
