Risky Management Case Study

1416 Words 6 Pages
Progress Assignment

Risky Management is what some would note as the bread and butter in Homeland Security and Homeland Defense. There are many aspects which are vital to the protection of America’s personnel, infrastructure and resources. However, risk management is one of the most important tools in the box to protect America. Risk management provides a unique opportunity for an organization to identify and evaluate their vulnerabilities. It also affords an organization the ability to prepare for the consequences should an incident occur. Through risk management, an organization can implement preventative measures to ensure their vulnerabilities are not exploited. According to Lindell, Perry and Prater in their 2007 book, Introduction to Emergency Management, risk management should not be an afterthought when planning disaster readiness. Identifying risks before they pose a problem is a fundamental portion of emergency management. Lindell, Perry and Prater define risk as the possibility that personnel, property or resources could be impacted in a negative way (2007). It is usually defined in the terms of the probability that an incident can or
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This is known as a risk assessment; the evaluation of the possible consequences should disaster occur (Lindell, Perry & Prater). According to Masse, O’Neil & Rollins, risk assessment methodology has had at least three different stages of development in relation to homeland security (2007). In the fiscal year 2001, the Department of Justice was the primary agency responsible for assessing risk through its first stage. The Department of Justice vied that Risk was equal to Population of an area; R=P (Masse, O’Neil & Rollins). This remained the standard formula of risk assessment between 2001 and 2003 when the newly formed Department of Homeland Security (DHS) assumed responsibility for risk

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