Risk Assessment
"Risk assessment is the process of examining the safety of a specific structure, making specific recommendations, and recommending decisions on a given dam or project using risk analysis, risk estimates, and other information that have the potential to influence the decision. The risks are assessed by the dam owner and, if applicable, the regulator, owner’s engineer, or other stakeholders. The assessment considers all factors (e.g., likelihood, consequences, cost, environmental impacts, etc.) and may also use evaluation criteria established by the owner or regulator. Decisions may include additional or enhanced monitoring; additional investigations, evaluations or analyses; remedial actions; abandonment of the dam; or no additional actions." [1]
Components of Risk Assessment
- Life Safety, Economic, Environmental, and Operational Risk
- Public Involvement
- Risk Acceptance, Decision Guidelines, Values, and Judgement
- Risk Communication
Best Practices Resources
Federal Guidelines for Dam Safety Risk Management (Federal Emergency Management Agency)
Dam and Levee Safety: Using Risk-Informed Decision Making (U.S. Army Corps of Engineers)
Citations:
Revision ID: 5071
Revision Date: 12/09/2022