What is meant by acceptable risk


Consider the following questions:

1. Discuss what is meant by "acceptable risk" in determining a risk management plan relating to critical infrastructure, and how the level of acceptable risk may differ among stakeholders.

2. What critical infrastructure protection-related decisions might a risk assessment support? (examples include protective measures, facilities placement, response capabilities, etc.)

3. How do the Government Accountability Office (GAO) and the 2013 National Infrastructure Protection Plan (NIPP) risk frameworks differ?

At least 2 references in APA format with minimum of 500 words.

 

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