course material

1. HLSC 720-DISCUSSION 2-REPLY2
The thread must be a minimum of 250 words. MINIMUM OF TWO SOURCES BESIDES THE
TEXTBOOK. Must cite at least 2 sources in addition to the Bible.TEXTBOOK: Bennett, B. T.
(2018). Understanding, assessing, and responding to terrorism: Protecting critical
infrastructure and personnel (2nd ed.). Hoboken, NJ: John Wiley & Sons, Inc. ISBN:
9781119237785.**JOHNATHAN**Risks are any potential negative actions that could occur
during or after a planned event. Examples could include a training evolution or a real world
mission or operation. Risks may involve potential loss of life or injuries, equipment and/or
mission failure. Each of these risks must be identified and assessed to determine if the risks
are indeed worth taking to achieve the goals or objectives of the planned endeavor. If the
risks outweigh the reward, then further assessment should be explored to determine the
feasibility of conducting the event, operation, etc… According to the Department of
Homeland Security (2011), establishing the capability and ability to identify, comprehend,
and address these complex challenges and opportunities is the basis of risk management.
Further, risk management enhances and improves the decision-making process for
leadership personnel. Quantitative and Qualitative Risk Analysis According to Francisco
(2022), qualitative risk analysis is based on a person’s perception or judgment while
quantitative risk analysis is based on verified and specific data (para 5). When
implementing qualitative risk analysis, the value is the risk rating or scoring. Risks can be
designated low or labeled a score of 1 to show that the risk is not emergent or requires
immediate attention. When using quantitative risk analysis, the values given each risk is
oftentimes in percentages, while also indicating the probability of the risks occurring or of
the risk casuing a specific effect upon the project or mission gols and objectives. Also,
Munteanu (2006) notes that qualitative assessments can use risk assessment matrix and
questionnaires and within risk matrix, risks are ranked as low, medium or high, and
respondents use a risk scale for risk ranking in the respective questionnaire. Risk
assessments should be based upon a true comprehensive risk assessment, as well as
classified by the depth of any scenario that could arise from accepting these risks. Further,
each risk assessment should be reviewed by the level of severity so the correct level of
protective measures can be implemented as soon as the hazard is identified. Oftentimes, an
emergent situation or contingency occurs that is not a worst-case scenario, so dedicating
resources to a relatively minor incident could draw the allocated resources away from a
more severe emergency. Levels of Analysis At the asset level of analysis, a survey is
conducted examining an assets mission-critical elements along with a thorough

2. understanding of the consequences of disruption, physical and security vulnerabilities to a
wide range of hazards and threats, and asset attractiveness provides insight into actions an
asset owner can take to reduce an assets overall risk exposure (Ayyub et al., 2007, p. 791).
At the portfolio level, the total risk associated with the portfolio or group of assets are
assessed to compare alternatives that seek to reduce the overall risk (Ayyub et al.,
2007). Christian Worldview 1 Peter 4:12 (English Standard Version) speaks of hazards and
risks, stating beloved, do not be surprised at the fiery trial when it comes upon you to test
you, as though something strange were happening to you. References Ayyub, B.M., McGill,
W.L., & Kaminskiy, M.P. (2007). Critical Asset and Portfolio Risk Analysis: An AllHazards
Framework. Risk Analysis, 27. Bennett, B. T. (2018). Understanding, assessing, and
responding to terrorism: Protecting critical infrastructure and personnel (2nd ed.). Cuesta,
A., Abreu, O., Balboa, A., & Alvear, D. (2019). A new approach to protect soft-targets from
terrorist attacks. Safety Science, 120, 877-885. Holy Bible (English Standard Version).
https://www.openbible.info Monahan, J. (2012). The individual risk assessment of
terrorism. Psychology, Public Policy, and Law, 18(2), 167. Munteanu, A. (2006, June).
Information security risk assessment: The qualitative versus quantitative dilemma. In
Managing Information in the Digital Economy: Issues & Solutions-Proceedings of the 6th
International Business Information Management Association (IBIMA) Conference (pp. 227-
232). Francisco, E. (2022, December). Qualitative and quantitative risk analysis. Safety
Culture. Retrieved from https://safetyculture.com/topics/qualitative-and-quantitative-risk-
analysis/