Fundamentals of Risk Management


evidence Government will seek to base decisions on all relevant evidence. responsibility


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Fundamentals of Risk Management

evidence
Government will seek to base decisions on all relevant evidence.
responsibility
Government will seek to allocate responsibility for managing risks to those best 
placed to control them.


Reporting on risk management
431
FIgURE 
36.1
Selected UK security threats
Pandemic
human disease
Likelihood
Impact
Cautious
zone
Comfort
zone
Concerned
zone
Critical
zone
Major transport
accidents
Attacks on
infrastructure
Major industrial
accidents
Attacks on
crowded places
Cyber-
attacks
Severe
weather
Animal
disease
Coastal
flooding


political;


climate;


competition for energy;


poverty/inequality/poor governance;


globalization – economic, technological and demographic.
This analysis by the UK government is an interesting example of the detailed risk 
assessment being undertaken at national level. It demonstrates that risk management 
is now embedded into the heart of national government. The fact that risk manage-
ment has been embraced by national governments indicates that the importance of 
risk management is recognized at the highest level. Figure 36.1 shows some of the 
significant risks to UK national security identified by the government, at the time of 
the assessment in 2011.
The UK government has not classified risks in this way, but if the risk attitude 
structure described in Figure 10.1 is used, then it is possible to identify the major 
threats where a government is comfortable that it can respond, such as transport 



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