Risk Assessment

How do you identify and address your vulnerabilities and risks?

The internationally respected Standard on Continuity, Emergency, and Crisis Management (NFPA 1600 / soon to become NFPA 1660) defines risk as a measure of the probability and severity of adverse effects that result from exposure to a hazard.

The structure and processes promoted by USA Homeland Security for assessing risk https://www.ready.gov/risk-assessment

Drawing on these internationally respected approaches to disaster management and vulnerability assessment, the Damocles Risk Assessor App applies the key elements from the standards to your context.


1. Identify hazards or threats relevant to you

The “hazard list” from the standard is a good place to start.
Use it to filter which threats or hazards might be relevant to you.
Excerpt from the NFPA list of Hazards
Do you think the NFPA classifications and hazard categories can be enhanced?
Fine – add or tailor your own. The Damocles app supports that option.
… and within the categories (including your newly created ones),
Damocles supports adding and editing specific hazards!

2. Filter relevant hazards for significance

To the threats or hazards which made it through your initial “might be relevant” filter, attribute a level of significance (on a scale of zero to ten).
Proximity & Intensity are just two criteria which influence “How significant?”

3. Consider the level of vulnerability you have to each significant hazard – before a disaster

BEFORE
We – and the things we care about – are all variously vulnerable.
Sometimes vulnerability can be about
being just too close

4. Consider the level of impact an extreme event had (or is having)

AFTER

5. Take action where the risk is assessed as high

We only assess risk in order to better manage it.
Configure your report fit for purpose and communicate it to the right people!