ICF International has a long history of working with clients in areas including energy, water supply, defense, chemicals, public health, education, shipping, transportation, and government to help prepare for the full spectrum of possible threats and hazards. Risk management is essential to enhancing the resilience of all of our enterprises—nations, government departments and agencies, companies, and even communities and families—and the more integrated our risk management efforts, the more resilient we will be.
Risk assessments are used to help understand the impacts of these changes, but are very limited in value if they are not part of an overall risk management program or system. They are greatest in value when that risk management system is integrated and encompasses all of the enterprise’s risks. If there is a risk assessment but no risk management program, decisions can be made based on increased knowledge of the risks involved. However, those decisions may not be consistent across an enterprise, or even across a set of decisions made by one part of the enterprise. As a result, risk assessments may be set aside upon completion and the information they provide may not be incorporated into daily management activities—particularly resource allocation.
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