Risk Management Essay

Pages: 5 (1690 words)  ·  Bibliography Sources: 5  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business - Management

Contingency planning also seeks to protect livelihoods and reduce environmental damage. (Office of International Programs, 2013, paraphrased)

VIII. Risk Management in Justice and Security Organizations

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The OECD reports a multi-layered approach to justice and security assistance is between and among the state at various levels in providing justice service delivery, the state in regulator the parameter for justice and security and ensuring accountability and non-state justice and security service providers and the users or recipients of justice and security. Justice and security sustainability in short-term responses has four primary aspects: (1) human capital; (2) financial; (3) cultural appropriateness; and (4) institutional structures and systems. Development programs in justice and security must be designed with realistic consideration of the capacity of the four primary factors. The state's specific role in justice and security service delivery include monitoring and regulating the delivery of justice and security and ensuring that public goods are equally accessible to all as well as protecting and preserving human rights and establishing the "contours of an enabling environment for the provision of security." (OECD, 2013) Non-state service delivery has benefits including greater effectiveness and the greater physical access of the public to dispute resolution that are non-state methods. Other benefits include the ability of the public to comprehend the language "linguistically, culturally, and intellectually" as well as the public's greater trust in the "transparency, legitimacy, efficacy, and timeliness of decisions" as well as "lower transactional costs." (OECD, 2013)

Summary and Conclusion

Essay on Risk Management the Objective of Assignment

This study has examined Risk Management and the components that comprise risk management. Risk management is a formalized and planned process that has specific goals and specific measures focused on eliminating, reducing, or mitigating risk. The risk charter has been discussed as well as has risk management strategies and the components that comprise the risk management initiative. As well, risk management in the justice and security organization has been examined as well. Risk management strategies in all sectors focuses on reducing the impact from potential risks.


Enhancing the Delivery of Justice and Security (2013) OECD. Retrieved from: http://www.oecd.org/development/incaf/38434642.pdf

Reiss, CL (2013) Risk Mitigation and Planning (2013) Office of International Programs. U.S. Department of Transportation of Federal Highway Administration. Retrieved from: http://international.fhwa.dot.gov/riskassess/risk_hcm06_05.cfm

Risk Analysis and Contingency Planning In the context of policy & decision-making (nd) EasyPol. FAO Policy Learning Program: Specific Policy… [END OF PREVIEW] . . . READ MORE

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How to Cite "Risk Management" Essay in a Bibliography:

APA Style

Risk Management.  (2013, April 3).  Retrieved March 7, 2021, from https://www.essaytown.com/subjects/paper/b/risk-management-objective/1625254

MLA Format

"Risk Management."  3 April 2013.  Web.  7 March 2021. <https://www.essaytown.com/subjects/paper/b/risk-management-objective/1625254>.

Chicago Style

"Risk Management."  Essaytown.com.  April 3, 2013.  Accessed March 7, 2021.