Risk Management

What is Risk Management?

Homeland security risk management refers to the process of identifying and analyzing risk and acting to reduce or, if possible, eliminate it at an acceptable cost. It is about understanding homeland security risk in terms of threats, vulnerabilities, and consequences, and then using the results of this analysis to inform decisions and take action. Risk management is a systematic and rational process for using available information to evaluate an uncertain future and improve decision-making in homeland security. It is a dynamic and cyclical process that requires a balance of subject matter expertise, information technology, governance structures, and leadership.

Risk Management Training

In September 2007, the Federal Emergency Management Agency (FEMA) National Preparedness Directorate issued a competitive training grant to CNA Corporation to build a national training curriculum on homeland security risk management for state and local officials. We developed three homeland security risk management courses to provide consistent training on core topics and help state and local personnel understand and manage the risks they face. The web-based and instructor-led training helped decision-makers at the state and local levels better understand the risks their communities face from different threats and hazards; use the results of that risk analysis to inform strategic, operational, and tactical decisions; and complete annual threat and hazard identification and risk assessment (THIRA) initiatives by reviewing fundamental risk management principles.

Risk Management Continuum

Homeland security policy and guidance cite the importance of using risk to inform decisions about how we invest limited resources to prevent, protect against, mitigate, respond to, and recover from all hazards. The homeland security risk management continuum developed as part of our training curriculum provides a simple tool to help homeland security personnel begin to evaluate their current approach to risk management and strengthen it over time.


Developed as job aids for the training courses, the following materials address key risk management concepts and principles.

Contact Us

Please contact Monica Giovachino with questions related to CNA Corporation’s risk management training initiatives.