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Department Of Homeland Security Case Study
1105 Words3 Pages
Recommended: Risk management steps
Role of Risk Management for DHS Risk management is a key fundamental process when making an important decision. Believe it or not, most people utilize the process of risk management without even knowing. A simple example of this would be making the decision wither or not to drive at night because you are too tired to drive and taking the right steps to make a good decision. The Department of Homeland Security also utilizes risk management on a massive scale as they are responsible for the wellbeing of every citizen and infrastructures within the United States. Understanding the role of risk management within the Department of Homeland security will ultimately allow for individuals to understand how the Department manages risk and prevents incidents such as the 9/11 attacks from occurring.
Formula
The importance of establishing risk management is determining how exactly you can measure the risk vs the reward over a certain topic. Almost every government organization has their own version of risk management and how risk is determined. The Department of Homeland security has multiple assets which makes the process of determining risk even more difficult. In this case the Department of Homeland security has established a formula to help the process of determining risk easier. The basic formula breakdown is R = f(C, V, T).
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The United States has not been subject to a massive terrorist attack since the 9/11 attacks. However, with the rise in advancements in technology it seems the Department of Homeland Security is going to have to enhance their means of risk management as they are subject to a limited amount of resources but as every day goes by there is always a chance to a new potential threat never seen
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