Guide to Printed and Electronic Resources for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities.
Guide to Printed and Electronic Resources for Developing
a Cost-Effective Risk Mitigation Plan for New and
Existing Constructed Facilities.
(2104 K)
Chapman, R. E.; Thomas, D. S.
NISTIR 7390; 156 p. February 2007.
Keywords:
construction; building construction; building economics;
risks; cost effectiveness; terrorism; economic analysis;
hazards; homeland security; costs; risk assessment;
planning; risk management; evaluation; mitigation;
decision making; standards
Abstract:
Developing a cost-effective risk mitigation plan
involves assessing the risks associated with natural and
man-made hazards, formulating combinations of mitigation
strategies for constructed facilities exposed to those
hazards, and using economic tools to identify the most
cost-effective combination of strategies. Developing a
risk mitigation plan requires both guidance and data.
Guidance is needed to help owners and managers to assess
the risks facing their facility. Data about the
frequency and consequences of natural and man-made
hazards are needed when assessing the risks that a
particular facility faces from these hazards. Estimates
of the costs of protection are needed to ensure that
safeguarding personnel and physical assets and
satisfying financial constraints are kept in balance.
Finally, guidance on the use of economic evaluation
methods is needed to ensure that the correct method, or
combination of methods, is used. Although there is a
great deal of high-quality information available on risk
assessment and risk management, natural and man-made
hazards, and economic tools, there is no central source
of data and tools to which the owners and managers of
constructed facilities and other key decision-makers can
turn for help in developing a cost-effective risk
mitigation plan. This document provides an annotated
bibliography of printed and electronic resources that
serves as that central source of data and tools to help
the owners, managers, and designers of constructed
facilities develop a cost-effective risk mitigation
plan.
Building and Fire Research Laboratory
National Institute of Standards and Technology
Gaithersburg, MD 20899