Chapter 2

Risk Management

This chapter covers the following topics:

  • Risk management: Understand the process of managing risk such that future emergencies are adequately prepared for.

  • Threats and vulnerabilities: Differentiate between threats and vulnerabilities and the roles each play in risk management.

  • Likelihood and impact: Differentiate between likelihood and impact and the roles each play in a risk assessment.

  • Risk priorities: Describe the concept of assigning priorities to risks so that the organization can judge which ones are more important and in which order they must be remediated.

  • Risk identification: Describe the process of considering a variety of areas, including technological, business, and regulatory, and deciding which risks ...

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