MAJ 7003 Risk Assessment and Management
Students will study various concepts and definitions associated with security risk. Risk is the potential for a loss or damage to an asset. It takes into account the value of an asset, the threats or hazards that potentially impact the asset and the vulnerability of the asset to the threat or hazard. In the risk analysis process, it is possible to measure the components of risk to provide an overall security risk rating. Students will discuss and learn how to rank assets by risk and place them in priority order so that decisions can be made about which assets need to be protected. Students will learn how to identify threats and hazards that could impact a company, building or site; review methods for defining threats; describe how threats and hazards may interact to increase damage; and identify ways of assigning likelihood ratings for the threats and hazards for comparison purposes. Students will also learn about the performance of physical security surveys and the development of protection strategies designed to reduce risk.
Cross Listed Courses
MHS 7003