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Defense Infrastructure: The Navy's Use of Risk Management at Naval Stations Mayport and Norfolk
GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC
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The recent financial crisis, emerging political unrest in nations around the globe, and the impact of significant natural disasters are causing organizations of all types and sizes to place increasing emphasis on robust risk management practices. The 2010 Quadrennial Defense Review Report1 states that risk management is vital to the Department of Defense s DOD success and that although it is difficult, risk management is central to effective DOD decision making. In an uncertain fiscal environment, while facing the threat of terrorism and natural disasters, the Navy must continually manage and assess the threats to and the vulnerabilities of its installations and assets. According to Navy officials, since the terrorist attack on the USS Cole in 2000 and the terrorist attacks of September 11, 2001, DOD has enhanced and updated its antiterrorismforce protection standards and physical security requirements for all DOD assets and installations. The Navy performs risk management at all levels of its headquarters and command structure for all of its operations and assets, including naval installations where nuclear-powered aircraft carriers and other high-value Navy assets2 are located.
APPROVED FOR PUBLIC RELEASE