Question 1 (Weighting: 10)
Explain the terms 'Threat Assessment' and 'Asset Assessment' and give two hypothetical examples of each.
Threat assessment is a structured group process used to evaluate the risk posed by another person, typically as a response to an actual or perceived threat or concerning behaviour. The process of threat assessments was developed by the Secret Service as a response to incidents of violence.
Threat assessment is the first step in a risk management program. A threat assessment considers the full spectrum of threats (i.e., natural, criminal, terrorist, accidental, etc.) for a given facility/location. The assessment should examine supporting information to evaluate the relative likelihood of occurrence for each threat. For criminal threats, the crime rates in the surrounding area provide a good indicator of the type of criminal activity that may threaten the facility. In addition, the type of assets and/or activity located in the facility may also increase the target attractiveness in the eyes of the aggressor.
The primary purpose of a threat assessment is to prevent targeted violence. The threat assessment process is centred upon on analysis of the facts and evidence of behaviour in a given situation. The appraisal of risk in a threat assessment focuses on actions, communications, and specific circumstances that might suggest that an individual intends to mount an attack and is engaged in planning or preparing for that event.
Examples of Threat Assessment:
Threat Assessment is performed through following:
A review of your physical security-related policy and procedural documents in relation to best practices and industry standards.
Review and analyse the use of personnel for security purposes at client locations, determining best practice options for a balanced approach to staff hours and electronic security.
Review the use of fencing, shrubbery, clear zones, security lighting and other physical barriers,
For example, a facility that utilizes heavy industrial machinery will be at higher risk for serious or life-threatening job related accidents than a typical office building.
Asset Assessment can be defined as the "coordinated activity of an organization to realize value from assets". In turn, Assets are defined as follows: "An asset is an item, thing or entity that has potential or actual value to an organization". This is deliberately wider than physical assets but this forms an important focus for more organizations.
Asset Assessment involves the balancing of costs, opportunities and risks against the desired performance of assets, to achieve the organizational objectives. This balancing might need to be considered over different timeframes. Asset Assessment also enables an organization to examine the need for, and performance of, assets and asset systems at different levels. Additionally, it enables the application of analytical approaches towards managing an asset over the different stages of its life cycle (which can start with the conception of the need for the asset, through to its disposal, and includes the managing of any potential post disposal liabilities). Asset Assessment is the art and science of making the right decisions and optimising the delivery of value. A common objective is to minimise the whole life cost of assets but there may be other critical factors such as risk or business continuity to be considered objectively in this decision-making.
Question 2 (Weighting: 10)
Evaluate the possible impact of an environmental threat on the transportation of an asset and its safe delivery. For the purpose of this, describe in detail the scale of the hypothetical threat and explain and explore all the possible risks.
Environmental threats include anything caused by nature. This type of threat can have a negative impact on the functioning of your...
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