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Risk Assessment for The Green Valley Mall
Name
Institution
Course
Instructor
Date
, 2
Risk Assessment for The Green Valley Mall
For this risk assessment, I have chosen a fictional facility, the Green Valley Mall. This is a large
shopping mall located in an urban area. It has been open for business for over 40 years and is well-known
for its shops, restaurants, and entertainment venues. The mall operates daily in a week, from 10:00 AM in
the morning to 10:00 PM. While it is a great place to shop and enjoy entertainment, it is also vulnerable to
potential threats such as terrorism, vandalism, and theft. In order to mitigate these risks, it is crucial to
undertake a comprehensive risk assessment process (Hubbard, 2020).
The Federal Emergency Management Agency (FEMA) has developed a risk assessment process
to help organizations identify and mitigate potential threats (Hubbard, 2020; Kennett et al., 2005). This
process involves several steps, including threat identification plus rating, value assessment of asset,
vulnerability assessment, assessment of risk, and consideration of mitigation options (Hubbard, 2020).
This article will explain each of these steps in detail and how they can be applied to the Green Valley
Mall to reduce its risks.
Threat Identification and Rating
This is the initial phase in the FEMA’s process of risk assessment is identifying as well as rating
potential threats (Hubbard, 2020; Kennett et al., 2005). This process involves identifying and evaluating
the possible dangers posed to a facility, including acts of terrorism, vandalism, theft, and other forms of
criminal activity (Hubbard, 2020; Mishra et al., 2020; Kennett et al., 2005). In order to assign a score to
these dangers, we have to consider the possibility that they will materialize, the possible damage they will
cause, and the potential repercussions for the facility if they do arise.
Due to the unusual nature of terrorist attacks, there is a minimal probability that an act of
terrorism will occur at a particular location. However, the likelihood of a terrorist strike being very severe
is relatively high, and the effects of such an assault may be catastrophic (Hubbard, 2020). Because it is
accessible to members of the general public and situated in an urban area, a facility is likelier to be the
victim of acts of vandalism and theft. This makes the facility more susceptible to these sorts of crimes.
Risk Assessment for The Green Valley Mall
Name
Institution
Course
Instructor
Date
, 2
Risk Assessment for The Green Valley Mall
For this risk assessment, I have chosen a fictional facility, the Green Valley Mall. This is a large
shopping mall located in an urban area. It has been open for business for over 40 years and is well-known
for its shops, restaurants, and entertainment venues. The mall operates daily in a week, from 10:00 AM in
the morning to 10:00 PM. While it is a great place to shop and enjoy entertainment, it is also vulnerable to
potential threats such as terrorism, vandalism, and theft. In order to mitigate these risks, it is crucial to
undertake a comprehensive risk assessment process (Hubbard, 2020).
The Federal Emergency Management Agency (FEMA) has developed a risk assessment process
to help organizations identify and mitigate potential threats (Hubbard, 2020; Kennett et al., 2005). This
process involves several steps, including threat identification plus rating, value assessment of asset,
vulnerability assessment, assessment of risk, and consideration of mitigation options (Hubbard, 2020).
This article will explain each of these steps in detail and how they can be applied to the Green Valley
Mall to reduce its risks.
Threat Identification and Rating
This is the initial phase in the FEMA’s process of risk assessment is identifying as well as rating
potential threats (Hubbard, 2020; Kennett et al., 2005). This process involves identifying and evaluating
the possible dangers posed to a facility, including acts of terrorism, vandalism, theft, and other forms of
criminal activity (Hubbard, 2020; Mishra et al., 2020; Kennett et al., 2005). In order to assign a score to
these dangers, we have to consider the possibility that they will materialize, the possible damage they will
cause, and the potential repercussions for the facility if they do arise.
Due to the unusual nature of terrorist attacks, there is a minimal probability that an act of
terrorism will occur at a particular location. However, the likelihood of a terrorist strike being very severe
is relatively high, and the effects of such an assault may be catastrophic (Hubbard, 2020). Because it is
accessible to members of the general public and situated in an urban area, a facility is likelier to be the
victim of acts of vandalism and theft. This makes the facility more susceptible to these sorts of crimes.
