What are the differences between Threats and Vulnerabilities?

What are the differences between Threats and Vulnerabilities?

2.  How does Risk information change depending on different decision-makers?  Describe one scenario and explain how different decision-makers (e.g., a facility manager, a governor, a public health official, or a federal infrastructure protection official, etc.) would have different needs for inputs and outputs.

3.  What are the benefits of risk-based approaches?  When might an examination of only one risk factor be appropriate for decision-making? And, when might only reviewing one risk factor lead to poor results?

500 words

APA format

3 sources

Reading Material

·  DHS. (2011, April). Risk Management Fundamentals: Homeland Security Risk Management Doctrine, 1-15.  https://www.dhs.gov/xlibrary/assets/rma-risk-management-fundamentals.pdf

·  Kaplan, S. & Garrick, J. (1981). On the Quantitative Definition of Risk, 1-9.   

·  Stern, P. & Fineberg, H. (1996, June). Understanding Risk: Informing Decisions in a Democratic Society. Chapters 1-2.  http://www.nap.edu/openbook.php?isbn=030905396X

·  Committee to Review the Department of Homeland Security’s Approach to Risk & National Research Council of the National Academies. (2010). Review of the Department of Homeland Security’s approach to risk analysis. Washington, D.C.: National Academies Press.  

·  http://www.fema.gov/pdf/government/grant/2011/fy11_hsgp_risk.pdf

·  Testimony before Congress on TSA Risk Based Security Efforts. (2013, April 11).TSA’S Efforts to Advance Risk-Based Security: Stakeholder Perspectives. https://homeland.house.gov/hearing/tsas-efforts-advance-risk-based-security-stakeholder-perspectives/

·  Video: Simple Risk (CHDS).  

·  https://www.chds.us/coursefiles/cip/lectures/foundations/cip_simple_risk/player.html

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