Homeland Security Case Study

Question: Examine the role of risk management within the homeland security enterprise. To explain the role of risk management within the department of homeland security (DHS), the meaning of risk management and what it entails needs to be defined and briefly explained. For starters, risk management is the identification of risks by utilizing what is called risk assessments. These assessments are localized reports that are based on the three elements of risk, which are threat, vulnerability and consequence (U. S. Government Accountability Office, 2011). These three elements when multiplied together equal the risk. This is known as the standard risk assessment formula which is written out as R=T*V*C. The risk assessment formula

In fact, there are numerous reasons that make risk management a necessity in order to meet homeland security’s goals. For one, risk management facilitates well-structured priority level planning in order to achieve a more structured process, which aims to become more standard across the board for all functions and activities within homeland security. Second, risk management develops specific performance calculations and measurements by using formulas and other variables to present a plethora of data collected for planning and decision making purposes. Lastly, risk management aims to achieve cohesively developed goals and objectives within its enterprise by the use of integrated

Critical infrastructure and key resources, otherwise known as CIKR “…includes systems and assets, whether physical or virtual, so vital to the United States that the incapacitation or destruction of such systems and assets would have a debilitating impact on national security, national economic security, public health or safety, or any combination of those matters” as defined by the U.S. Department of Homeland Security (2009). (Long sentence it needs work.) To describe this more plainly, CIKR is what helps our nation communicate on multiple levels. If harmed in any way, this would adversely affect the mission of homeland