Individual Project

Using the resource link below and others research how a risk assessment methodology process can be used to assess risk at a maximum security facility. Write a minimum of 1 page (do not count the abstract and reference page).

Please add references ( Citations)

OVERVIEW OF RISK ASSESSMENT METHODS

 

 

 

 

 

The following methods can be used to do a risk assessment:
· Use a what-if analysis to identify threats and hazards. 
What-if questions are asked about what could go wrong 
and about what would happen if things do go wrong. This 
type of analysis is a brainstorming activity and is carried 
out by people who have knowledge about the areas, 
operations, and processes that may be exposed to 
hazardous events and conditions.
· Use a checklist of known threats and hazards to identify 
your threats and hazards. The value of this type of analysis
depends upon the quality of the checklist and the
experience of the user.
· Use a combination of checklists and what-if analysis to
identify your threats and hazards. Checklists are used to 
ensure that all relevant what-if questions are asked and
discussed, and to encourage a creative approach to 
risk assessment.
· Use a hazard and operability study (HAZOP) to identify your
threats and hazards. If you need to do a thorough analysis, 
this method is for you. However, it requires strong leadership
and is costly and time consuming. It also assumes that you
have a very knowledgeable interdisciplinary team available to
you, one with detailed knowledge about the areas, operations,
and processes that may be exposed to hazardous events and
conditions.
· Use a failure mode and effect analysis (FMEA) to identify
potential failures and to figure out what effect failures would
have. This method begins by selecting a system for analysis
and then looks at each element within the system. It then tries
to predict what would happen to the system as a whole when
each element fails. This method is often used to predict
hardware failures and is best suited for this purpose.
· Use a fault tree analysis (FTA) to identify all the things that
could potentially cause a hazardous event. It starts with a
particular type of hazardous event and then tries to identify
every possible cause.

 

 

The above is based on NFPA 1600 2007 Annex A.5.3.1.

 

 

 

 

 

OVERVIEW OF RISK ASSESSMENT STEPS

 

 

 

 

 

Comprehensive risk assessments:
· Identify the range of hazards, threats, or perils:
· Identify the hazards, threats, or perils that 
impact or might impact your organization.
· Identify the hazards, threats, or perils that 
impact or might impact your infrastructure.
· Identify the hazards, threats, or perils that 
impact or might impact the surrounding area.
· Determine the potential impact of 
each hazard, threat, or peril by:
· Estimating the relative severity 
of each hazard, threat, or peril.
· Estimating the relative frequency 
of each hazard, threat, or peril.
· Estimating the vulnerability to 
each hazard, threat, or peril.
· Estimate how vulnerable your people 
are to each hazard, threat, or peril.
· Estimate how vulnerable your operations 
are to each hazard, threat, or peril.
· Estimate how vulnerable your property 
is to each hazard, threat, or peril.
· Estimate how vulnerable your environment 
is to each hazard, threat, or peril.
· Categorize each hazard, threat, or peril according 
to how severe it is, how frequently it occurs, and 
how vulnerable you are.
· Develop strategies to deal with the most 
significant hazards, threats, or perils.
· Develop strategies to prevent hazards, threats, or
perils that impact or might impact your organization
and its people, operations, property, and environment.
· Develop strategies to mitigate hazards, threats, or
perils that impact or might impact your organization
and its people, operations, property, and environment.
· Develop strategies to prepare for hazards, threats, or
perils that impact or might impact your organization
and its people, operations, property, and environment.
· Develop strategies to respond to hazards, threats, or
perils that impact or might impact your organization
and its people, operations, property, and environment.
· Develop strategies to recover from hazards, threats, or
perils that impact or might impact your organization
and its people, operations, property, and environment.