Risk is the potential for an unwanted outcome resulting from an incident, event, or occurrence, as determined by its likelihood and the associated consequences.

Effective partnerships enable members to assess and manage risk more efficiently and effectively. Partnerships also provide mechanisms, forums, or information that can be used to help identify interdependencies and shared responsibilities within the community or region.

Critical infrastructure partners work on shared risk reduction strategies through activities such as collaborative planning, conducting joint risk assessments, sharing information regarding threats, identifying effective practices, and participating in training and exercise opportunities.