The Government Accountability Office : A Challenge For The Congress And The Administration

1313 Words Feb 14th, 2016 6 Pages
The Government Accountability Office has pointed out that the important practice of effective risk management is a challenge for the Congress and the administration. Risk management is a strategic process of helping policymakers to make decisions about assessing risk, and having limited allocating resources in taking actions under conditions of uncertainty (GAO, 2008). However, with the policymakers recognizing the risk management, it helps them to make informed decisions, while Congress and the administration have charged federal agencies to use a risk-based move to prioritize resource investments. In addition, the federal agencies often do not have enough comprehensive risk management strategies that merge well with the program, budget, and investment decisions (GAO, 2008). Between combing the approach of risk management, the process of decision-making is very difficult for any organization. In addition, it has been reported that the GAO says it is particularly difficult for the Department of Homeland Security (DHS) to be given its diverse set of responsibilities. Homeland Security is responsible though for all hazards in the homeland security risk from natural disasters, industrial, and terrorist attacks. Experts have provided the history of natural disasters with the extensive historical data used to assess risks (GAO, 2008). However, to compare the data about terrorist attacks those are comparatively limited with both sides and are adaptive nature of our enemies…

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