What is a standard risk assessment formula

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Assignment: Risk and Risk Management in Homeland Security

Risk and Risk Management in Homeland SecurityLearning outcome: After completing this week's forum discussion, you will have examined and analyzed how risk management can inform all levels of homeland security operations.View Full Description

1. What is a standard risk assessment formula? Clearly define the variables in the formula.

2. Should each variable in the risk formula be weighed equally or should different variables have different weights? Explain your rationale.

3. What specific role(s) does risk management play in homeland security programs and activities?

Be sure to support your responses with information from the assigned and available readings.

Reference no: EM131551686

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