Benefits
The effectiveness of risk management in homeland security and the benefits are staggering. This next few paragraphs will touch on just a few of the many benefits. The first and perhaps interesting benefit is its use in real world events. As most military folks know, the key to success is rehearsals or rehearsal of concept (ROC). When producing a risk matrix for a rehearsal, it provides insight on the possible dangers hiccups that may occur during an operation. This enables all parties to adjust prior to “boots on the ground” to ensure that minimal risk is taken. …show more content…
Requesting and allocating resources is always a big challenge for any organization. Who gets what, where, when, and how can make or break the group. This is epically crucial with funding. Money makes organizations like homeland security go around, put it the wrong department and it may lead to some catastrophic event. The risk matrix enables the bean counter to place money where they will get the best return or best bang for its buck.
The finial, but certainly not the last benefit that risk management provides homeland security is strategic planning. Strategic planning enables homeland security to “view long term in order to building capabilities that can mitigate risk through prevention, protection, response, and recovery activities” ( (Department of Homeland Security, 2011, p.10). Basically, his means risk management assist in building for the future by mitigating future