![]() |
Risk-Based Analysis
|
A RiskWorld news brief by Lorraine
S. Abbott, editor |
|
| In recent years the U.S. Army Corps of Engineers studies of
flood-damage reduction projects has moved toward a risk-based analysis (RBA), which is
similar to traditional approaches but allows uncertainties in the fundamental data to be
quantified and explicitly included in the evaluations of project performance. Design
decisions thus incorporate and reflect the uncertainties inherent in the data underlying
the analysis. An 18-month review and assessment of the Corps use of the RAB technique has been initiated by the National Research Councils Water Science and Technology Board, which is assembling a committee of experts from the disciplines of engineering, hydrology and hydraulic engineering, decision sciences, and economics to perform the work. The committee will hold its first meeting before year end. For more information on the assessment, called "Risk Based Analysis for Flood Damage Reduction Studies," contact the study director, Jeffrey Jacobs, Water Science and Technology Board, National Research Council, 2101 Constitution Avenue, N.W., Washington, DC 20418, Telephone (202) 334-3422. (Note: This summary was based on an article published in National Hazards Observer, Vol. XXIII, No. 1, September 1998, page 9.)
|
|
Posted September 14, 1998. Go to:Copyright © 1998 by Tec-Com Inc. |