Federal risk management

Federal risk management involves the systematic process used by government agencies to identify, assess, and mitigate risks that could impact their objectives, operations, or public safety. It includes evaluating potential threats—such as natural disasters, cyberattacks, or health emergencies—and implementing strategies like policies, controls, and resources to reduce those risks. The goal is to make informed decisions that balance safety, security, and efficiency, ensuring government functions effectively while protecting citizens and assets.