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Context-dependence of Hazard Mitigation
Name: Context-dependence of Hazard Mitigation
File: Miller 05-17-16.pdf
Size(MB): 2.19MB
Extension: PDF
Event: 2016 ICSC - WASHINGTON DC
Speaker Name: Miller, T. R.
Managed by: sdickens
Date Uploaded: June 21, 2016; 10:10 am
Download Count: 402
Downloads This Month: 402

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Country: United States
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Area Code: 0
Your IP: 3.95.131.208



Description:
Building owners can decide to invest in hazard mitigation features or not by comparing that investment to their anticipated spending on hazard repairs across the building’s lifespan. FEMA has developed a Benefit Cost Toolkit, which is designed to perform benefit cost analysis for applications submitted under FEMA’s Hazard Mitigation Assistance Grant Programs. The free Toolkit has modules for earthquake, flood, hurricane, tornado, and wildfire. Many building types, defined by size, function, and construction, can be analyzed all across the country. The underlying model is based on a similar set of models used in the HAZUS software for city-scale analysis. Instead of analyzing a particular building, we utilize this Toolkit to compare the expected damage cost across different buildings utilizing different hazard mitigation strategies in a variety of locations. The recommendation to invest in hazard mitigation features will depend on the context.

 
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