Number: RL33858
Title: The Department of Homeland Security's Risk Assessment Methodology: Evolution, Issues, and Options for Congress
Authors: Todd Masse and Siobhan O'Neil, Domestic Socisl :Policy Division; John Rollins, Foreign Affairs, Defense, and Trade Divison 
Abstract: This report presents several risk assessment and related grant program options for congressional consideration: (1) maintain the status quo in the inextricably linked areas of risk assessment and grant allocation, (2) draft a national impact assessment to understand return on investment of the approximately $12 billion of HSGP spent by FY2008, (3) enhance the transparency of the risk allocation methodology to state and local governments, and (4) develop a comprehensive and long-term strategy for managing, assessing and mitigating risk. To achieve these goals, the department could opt to consider procedural or organizational changes. Possible approaches are discussed in the report's final section.
Pages: 30
Date: February 2, 2007