Download All-hazards risk and resilience : prioritizing critical by ASME Innovative Technologies Institute LLC PDF

By ASME Innovative Technologies Institute LLC

The aim of this book is to supply an knowing of the RAMCAP Plus method in an effort to establish, prioritize and coordinate preparedness of the nation's severe infrastructure, together with safeguard (avoiding dangerous occasions or their outcomes) and resilience (rapid go back to complete functionality after these occasions that occur). RAMCAP stands for chance research and administration for serious Asset security; the RAMCAP Plus strategy is a high-level process that may be adapted to numerous sectors, thereby offering a mechanism for evaluating hazard and risk-management merits at scales starting from resources to complete sectors of the financial system

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Additional resources for All-hazards risk and resilience : prioritizing critical infrastructure using the RAMCAP Plus approach

Sample text

5 Threat likelihood is addressed in each of the four components: terrorism, natural hazards, supply chain dependency and proximity hazards. Estimates of the likelihood of terrorist attacks are based on the terrorists’ objectives and capabilities and the attractiveness of the facility relative to alternative targets. Information on terrorists’ capabilities and intentions can be informed by intelligence and law enforcement agencies. The asset owner should estimate the relative attractiveness of the target by evaluating alternative target options, considering the terrorists’ objectives, the asset’s level of vulnerability, the likelihood of success and the cost/effectiveness of the attack.

Through the intelligent and informed management of risk, the organization is in a position to improve its level of service and security to its customers and the community. ) to reduce risk and enhance resilience. RAMCAP Plus assessment tools empower owners/operators of critical infrastructures to make difficult decisions, based on anticipated consequences and likelihoods that can be displayed and understood. This step actually reduces risk and increases resilience. It supports the decisions to select specific countermeasure and consequence-reduction options based on determining an acceptable level of risk and resilience at an acceptable cost.

Conditional risks can also estimate the threat likelihood that would set the risk–reduction benefit-cost ratio to one – a “break-even” likelihood – and then consider whether that threat likelihood is plausible. If so, the investment in risk reduction may be worthwhile. And, finally, conditional risk can be used as an indicator of the attractiveness of a specific target because it captures both the consequences and likelihood of attack success. Step 6 – Risk and Resilience Assessment Risk and resilience assessment creates the foundation for selecting strategies and tactics to defend against disabling attacks and events by establishing priorities based on this level of risk.

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