Risk Assessment Essay Example | Topics and Well Written Essays - 2250 words

Risk Assessment - Essay Example The history and ability of terrorists involves any method they have utilized to accomplish their objectives. Secondly, the risk assessment process should identify the building asset value that requires safeguarding, or protection. The third step is conducting a vulnerability assessment (Baranoff, Harrington & Niehaus, 2006). A vulnerability assessment appraises the probable vulnerability of essential assets against a wide range of hazards or threats that have been identified. A vulnerability assessment gives a foundation for establishing measures of mitigation. These may be required to protect essential assets in a building. A vulnerability assessment acts as a connection between hazard or threat, value of asset, and the consequential risk level. Step four is the risk assessment. This stage involves analyzing the threat, value of asset, and vulnerability to determine the risk value of each and every significant asset against any threat that can be applicable. Moreover, a threat that would happen and has extremely little consequence may need mitigation measures that are easy and of low cost. Those that are more likely to occur, but have consequences that are particularly massive may need mitigation measures that are complex, and more expensive (Wheeler, 2011). The risk assessment process should provide a comparative risk profile. ... The purpose of the process of assessment is to realize the protection level required. This is through the execution of mitigation measures in a designed building. The mitigation measures may decrease the risk by denying, detecting, devaluing or deterring the probable threat component before, or during a terrorist attack. In addition, mitigation measures may lessen the risk of injury or damage by imparting a satisfactory protection level if there is an occurrence of a risk. It may also work to dissuade an aggressor further (Crouhy, Galai & Mark, 2005). This paper will look at a risk assessment of the Seattle Space Needle building. Threat Identification and Rating   There are many hazards that are manmade. This makes necessary to comprehend the individuals who have the intention of harming others. On the other hand, it is fundamental to be familiar with an aggressor’s tactics, weapons, and tools. The Seattle Space Needle building designers recognize that tactics, tools, and we apons can change quicker than the building can be customized against the threats that are posed. They acquired the hazard or threat assessment information from local emergency management, local enforcement, the Homeland Security department, and the Federal Bureau of Investigation (Crouchy, Mark & Galai, 2000). For risks or hazards that involve technology, they got information from the Local Emergency Planning Committee, State Emergency response Commission, hazardous materials unit, and the local fire department. These organizations isolate facilities that are significant in zones that are vulnerable and create management plans for emergencies. Moreover, many fire departments have information on industries in a local area that have many of the materials