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2 pages/≈550 words
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APA
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Social Sciences
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Research Paper
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English (U.S.)
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Risk Management for Homeland Security Social Sciences Research Paper

Research Paper Instructions:

Examine how risk management is used by the homeland security enterprise including such efforts as resource/grant allocation, strategic planning, and other homeland security-related initiatives (from the federal level to state and local efforts).
Written according to the APA style and format (parenthetical in-text citation formats only; not end notes or footnotes);
· Use Times New Roman 12 point font;
· 1 inch margins on all sides with no paragraph indentation other than the first line by .5 inches
· Double space all text (no extra lines or spaces after a paragraph or section headings and no added font sizes or lines either)
· A respectable number of credible resources used, cited in the paper as in-text citations, and included on the reference page. A good rule of thumb is at least 2 scholarly sources per page of content (a minimum of 2 new scholarly sources per page in a research paper is acceptable). Use those academic and credible sources provided to you throughout the course, as well as other scholarly material obtained from conducting your own research. Freely utilize appropriate and reputable academic sources, summarize in your own words (paraphrase) and cite accordingly.

Research Paper Sample Content Preview:
Risk Management for Homeland Security
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Risk Management for Homeland Security
Risk management is recognizing, assessing, and communicating risks before they affect a company. It is done to prevent or control pending risks. Doing this enables a company to budget the costs that they may incur as they avoid the risk from affecting a company’s operations. The company may also budget for the profits that would be associated with taking a particular course of action on the occurrence of the risk. Homeland Security uses applies this strategy to enable it to make various decisions like budgeting in the company. Decision making for homeland security, therefore, heavily depends on their risk management.
One of the things checked by this strategy is the effect of the risk on its operations, which they have to control. They have various areas that call for risk management in homeland security, both locally and nationally. These are strategic planning, allocation of resources, capabilities-based projections, operational planning, exercise planning, real-world events, and research and development (Baggett, 2018). Risk management in these sectors allows homeland security to assess and evaluate risks and therefore make informed decisions that ensure the probability of the occurrence of the risk reduced.
In strategic planning, homeland security ensures that all the organizations and their structures are constructed in a way that reduces the occurrence of risks (Gao, 2017). The architecture varies from one organization to another, each addressing the needs of the area where the organization is located. Risk management is used in the various organizations of homeland security to ascertain, where resources should be allocated (Sylves, 2019). This is assessed, and it is determined where to put most resources and where to put less to prevent risks or mitigate them. The company can also be able to put in unde...
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