Risk detection, operations efficiency & economic analysis

Risk detection, operations efficiency & economic analysis
Past Projects

Overview

Risk detection, operations efficiency & economic analysis

Economic risk management is a critical component across multiple DHS programs. CAOE is working with DHS to review current risk assessment processes and develop advanced technologies to improve risk detection, risk mitigation and operations efficiency. The initial focus is on TSA strategies.

Solution

The primary goals of the project are to establish a quantitative construct for enterprise risk management for TSA and analyze screening strategies and tradeoffs.

Establish a quantitative construct for enterprise risk management for TSA
The portfolio risk model determines an optimal investment portfolio under resource constraints to include the additional screening resources needed. Analyzing both normal operations and operations when the system is under stress at various levels, including potential attacks, will determine how best to invest any additional resources for the best risk protection and return on investment.

Analyze screening strategies and tradeoffs
Large airports with a high volume of passenger flow often experience long queues and wait times. Crowd control is essential for safety but screening is labor intensive and must be optimized for best performance. The project team is developing a simulation optimization modeling tool that analyzes screening strategies and captures tradeoffs in passenger wait time/queue (satisfaction) vs. systems utilization and prioritization of screening.

Impact

This project will enable TSA to more effectively invest in their resources and manage enterprise-level risks by giving leaders a tool to consider tradeoffs between risks, associated costs and value-added elements across the organization. When completed, it will provide leaders with economic and tradeoff tools for making better policy recommendations and changes.