Discuss TRAM risk model, give an explanation of the model/procedure, what are the pros and cons

Questions:

1.  How did the GAO report quoting Norman Rabkin suggest that Risk Management principles be used in homeland security planning for critical infrastructure?  Are there opposing arguments to be made to this? minimum300 words

2. Why or why not is scenario development crucial in the risk management process?  minimum 100 words

3.  Review Appendix II of the GAO report on “Threat and Risk Assessments Can Help Prioritize and Target Program Investments” and discuss whether the oil company’s security plan can or should be used in other industries or government agencies. minimum  100 words

4.  Discuss TRAM risk model,  give an explanation of the model/procedure, what are the pros and cons. minimum 300 words

 

 

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