Risk Management Within The Homeland Security Enterprise

Risk Management within the Homeland Security Enterprise Risk has been defined as the likelihood of a specific outcome and the results or consequences of that specific outcome (Masse, O’Neil, Rollins, 2007). Risk is inherent to every facet of life. There are risks involved in the mundane of driving down the road or walking on a sidewalk. Certain factors are added which increases the risk of conducting these mundane tasks. For example, driving at a high rate of speed during a rain storm exponentially increases the risk that one will lose control of the vehicle and probably wreck. Assessing and managing risk is also a part of everyday life though most people do not realize that they are actually using these tools to mitigate risks. In the previous example, one would assess the risks of travelling at a high rate of speed during a rainstorm and manage that risk by slowing down to a rate of speed that is commensorate with effects of the rainstorm in order to avoid hydroplanin g. Thus, the risks have been mitigated and the probability of losing control of the vehicle is significantly decreased or eliminated. The principals of identifying risks, assessing risks, and managing risks are used throughout the homeland security enterprise to mitigate risks posed to the public, critical infrastructure, and ultimately national security. According to the Department of Homeland Security’s (DHS) (2010) Quadreannial Homeland Security Review Report, â€Å"homeland security is aboutShow MoreRelatedRole Of Risk Management Within The Homeland Security Enterprise1271 Words   |  6 Pagesof the Department of Homeland Security to effectively manage risk is vital to national security. Risk in general, is something that is permanent but because this is known, strategies can be used to mitigate situations as they present themselves. Government managers must manage risk in a complex environment taking into consideration the diverse missions and multiple objectives of public agencies (Hardy, 2014). The role of risk management within the homeland security enterprise was managed by best andRead MoreWhat Role Does Risk Management Play Within The Homeland Security Enterprise?1186 Words   |  5 PagesWhat role does risk management play within the homeland security enterprise? To answer that question we first have to examine what risk management is. Risk management is an anaclitic approach to figuring out the likelihood that an event will impact a specific assets, person, or function and then implementing steps to mitigate the impact or consequence of the event. (Decker, 2001) The Standard risk management formula that the Department of Homeland Security uses is R=T*V*C or Risk = Threat * VulnerabilityRead MoreRisk Management And Homeland Security1309 Words   |  6 PagesRisk Management and Homeland Security The nation’s homeland security is a very multifaceted environment which must be controlled to effective function at its highest potential. â€Å"The safety, security, and resilience of the Nation are threatened by an array of hazards, including acts of terrorism, manmade accidents, and natural disasters† (DHS., 2011). All together, homeland security agencies must manage risks at all levels connected with an array of components. Collectively, these external andRead MoreThe Role Of Risk Management On The Homeland Security Enterprise1361 Words   |  6 Pagesattacks against the United States, a series of risk management evaluations were created by the US Federal Government to assess the future risks the homeland was going to face. When the Department of Homeland Security (DHS) was officially created in 2002, more effective risk management assessments were re-designed to evaluate the past and present dangers, prevent them and respond successfully to more terrorist attac ks. Since 2001 until 2007, a development of risk assessment has been divided in phases toRead MoreThe Ethics Of The Homeland Security1116 Words   |  5 PagesAs we move into a new era were a more robust and urgent homeland security program is needed, it is important to talk about how officials are managing all of the risk. There are a multitude of threats; from terrorism, where tactics are all the more unconventional an unpredictable, to climate change, with extreme weather conditions causing severe droughts or other catastrophic storms. The risk accepted by federal officials must be weighed and prioritized in a manner that is conducive to the longevityRead MoreThe Homeland Security Risk Management1239 Words   |  5 Pages Homeland Security Risk Management Olgera Haywood American Military University Introduction Homeland security in United States comprises of complex and competing requirements, incentives, and interests that need to be managed and balanced effectively to achieve the desired national objectives. Security, resilience and safety of the country are endangered by different hazards such as cyberspace attacks, terrorism, manmade accidents, pandemics, natural disasters and transnationalRead MoreThe Department Of Homeland Security Essay1380 Words   |  6 Pagessaying, â€Å"Take calculated risk. That is quite different from being rash.† Great success can be obtained by calculating risks. Lives can be saved, infrastructure protected, and evil avoided, but how does one calculate risk? The Department of Homeland Security (DHS) has developed a risk management system to help address risks, primarily terrorism risks. It is important to realize that this is a system. Comprising this system of risk management are some key steps, such as the risk assessment and decisionRead MoreHome land Security And Homeland Defense1321 Words   |  6 Pages2001 events, the United States of America gravitated towards a more aggressive approach in its security. The result of the tragic events was the establishment of homeland security. The White House, the federal government and the Congress joined together to establish it. On September 20, 2001, President George W. Bush issued an executive order 13228 to establish an Office of Homeland Security within the White House and assigning the Governor of Pennsylvania, Tom Ridge as its Director (Bullock,Read MoreRisks Of An Attack On The Homeland1002 Words   |  5 PagesGAO, Risk Management is a systematic process to consider the likelihood that a threat will endanger an asset, individual, or function, and to identify actions to reduce the risk and mitigate the consequences of an attack. (Decker 2002, pg.1) At the end of that definition are two words that define what we face when it comes to terrorism. Some will argue that an att ack on the homeland is inevitable and yet others will argue that such an attack is preventable. What is undeniable is that the risk of anRead MoreThe Department Of Homeland Security1258 Words   |  6 PagesPublic University System The Department of Homeland Security (DHS) Risk Lexicon (2010) states that â€Å"risk is a key organizing principle for homeland security strategies, programs, efforts, and activities† (p. 1). This means that risk management is a decision making tool that allows for the DHS to intelligently and efficiently make planning choices based on threat level priorities. Some of the choices that are made using risk management are where to allocate both physical and financial resources