Examine the role of risk management within the homeland security enterprise.

Due Date: Oct 15, 2017 11:55 PMAssignment InstructionsThis assignment is a take-home essay question for which the student is expected to develop a 4-5 page essay that fully provides the requested information. Topic: Examine the role of risk management within the homeland security enterprise. The basic equation for risk is defined as R = Æ’(C*V*T) where R is the level of risk, C is the consequences (public health, our economy, government action, public confidence in our institutions) of an attack, V is an assessment of the vulnerability of a potential target (how hard or easy it would be for it to be hit by terrorists) and T is the threat or the likelihood that a specific target will suffer an attack or disaster from a specific weapon. The Department of Homeland Security has stated that it will apply risk management principles to homeland security operations and has stated that “Ultimately, homeland security is about effectively managing risks to the Nation’s security” (DHS 2010, 2). Drawing upon your class readings and additional research, examine how risk management is used by the homeland security enterprise and the many benefits derived from such activities as resource allocation, strategic planning, grant funding, or any other homeland security-related initiatives. Reference: U.S. Department of Homeland Security. (2010). Quadrennial homeland security review report: A strategic framework for a secure homeland. Washington, DC: Government Printing Office. Technical Requirements:Length: 4-5 pages (excluding required title page and reference list), double spaced, 1″ margins, 12 pitch type in Times New Roman font.Sources: A minimum of 4-5 academically acceptable sources are to be utilized. Sources for this assignment are to come from both assigned readings and that obtained from conducting own research. You are not limited to the pages assigned from each document, but are limited to those documents only to defend and support your arguments/claims.Citations/References: You must use APA (Parenthetical in-text) citations and reference list style for this assignment — no endnotes or footnotesSubmission: All work is to be submitted as an attachment to the assignment link by midnight on the Sunday ending Week Six, the due date. All work should be prepared in Microsoft Word format and submitted as an attachment.