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<classification authority="sudocs">GA 1.13:GAO-07-386T</classification>
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 <reportNumber>GAO-07-386T</reportNumber>
 <subject>Agency missions</subject>
 <subject>Allocation (Government accounting)</subject>
 <subject>Budget outlays</subject>
 <subject>Critical infrastructure</subject>
 <subject>Emergency preparedness</subject>
 <subject>Federal funds</subject>
 <subject>Grant administration</subject>
 <subject>Grants</subject>
 <subject>Homeland security</subject>
 <subject>Internal controls</subject>
 <subject>Investment planning</subject>
 <subject>Investments</subject>
 <subject>Port security</subject>
 <subject>Program management</subject>
 <subject>Risk assessment</subject>
 <subject>Risk management</subject>
 <subject>Strategic planning</subject>
 <subject>Terrorism</subject>
 <subject>Transportation security</subject>
 <subject>DHS Urban Area Security Initiative</subject>
 <type>Testimony</type>
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<titleInfo>
 <title>Homeland Security: Applying Risk Management Principles to Guide Federal Investments</title>
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<abstract>Since the terrorist attacks of September 11, 2001, and the
subsequent creation of the Department of Homeland Security (DHS),
the federal government has provided DHS with more than $130	 
billion in budget authority to make investments in homeland	 
security. However, as GAO has reported, this federal financial	 
assistance has not been guided by a clear risk-based strategic	 
plan that fully applies risk management principles. This	 
testimony discusses the extent to which DHS has taken steps to	 
apply risk management principles to target federal funding for	 
homeland security investments (1) in making grant allocations,	 
(2) in funding transportation and port security enhancements, (3)
in other DHS mission areas, and (4) at a strategic level across  
DHS. This testimony summarizes previous GAO work in these areas.</abstract>
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<identifier type="preferred citation">GAO-07-386T</identifier>
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<note>Testimony</note>
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<subject>
 <topic>Agency missions</topic>
 <topic>Allocation (Government accounting)</topic>
 <topic>Budget outlays</topic>
 <topic>Critical infrastructure</topic>
 <topic>Emergency preparedness</topic>
 <topic>Federal funds</topic>
 <topic>Grant administration</topic>
 <topic>Grants</topic>
 <topic>Homeland security</topic>
 <topic>Internal controls</topic>
 <topic>Investment planning</topic>
 <topic>Investments</topic>
 <topic>Port security</topic>
 <topic>Program management</topic>
 <topic>Risk assessment</topic>
 <topic>Risk management</topic>
 <topic>Strategic planning</topic>
 <topic>Terrorism</topic>
 <topic>Transportation security</topic>
 <topic>DHS Urban Area Security Initiative</topic>
</subject>
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  <title>United States Code</title>
  <partNumber>Title 46 Section 201(d)(1)</partNumber>
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 <identifier type="USC citation">46 U.S.C. 201(d)(1)</identifier>
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