Here is a report published by the IBM’s Center for the Business of Government about risk managment and port security. It includes two papers (one of them is mine) describing how the federal government can increase its capability to undertake strategic risk management in safeguarding the nation. In recent years, the government has devoted increased attention to the use of strategic risk management. The challenge now facing government is to begin to link strategic risk management to resource allocation.

The first paper is by David H. Schanzer and Joe Eyerman. It provides an interesting description of the theory and the history of strategic risk management in the Department of Homeland Security and in government in general. A key recommendation is that the department enhance the analytical capability necessary for strategic risk management. It also takes a very realistic look at the issues and doesn’t shy away from pointing out the difficulties of the process.

My paper follows. It is a case study of risk managment applied to port security and nuclear threat reduction.

If you are interested in these issues, you can read the whole thing here.