Wednesday, March 31, 2010

Risk Lexicon

The DHS Risk Lexicon supports the Integrated Risk Management Framework by defining a single language for DHS risk management. Clear and unambiguous communication amongst risk practitioners, decision makers, and homeland security stakeholders is a key aspect the Departments integrated risk management capability. The DHS Risk Lexicon represents a significant step forward by making available an official set of definitions for risk-related terms for the Department.

The DHS Risk Lexicon is a product of the efforts of the Intra-Departmental DHS Risk Steering Committee (RSC). With membership from across the Department, the RSC was formed to leverage the risk management capabilities of DHS components, offices, and directorates to advance an integrated approach to risk management for DHS. The RSC has produced this DHS Risk Lexicon consisting of terms that are fundamental to the practice of homeland security risk management. The definitions in the DHS Risk Lexicon are intended to build a common vocabulary and language within the Department and enhance the ability of the DHS risk community to utilize risk information and assessments to set priorities for reducing the risks facing the Nation. The DHS Risk Lexicon is a dynamic document that will expand over time and be continually reviewed to ensure that terms and definitions are accurate and up to date.

DHS Risk Lexicon with definitions for 73 terms fundamental to the practice of homeland security risk management.

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