By ASME Innovative Technologies Institute LLC
The aim of this booklet is to supply an knowing of the RAMCAP Plus technique with the intention to determine, prioritize and coordinate preparedness of the nation's severe infrastructure, together with safety (avoiding harmful occasions or their results) and resilience (rapid go back to complete functionality after these occasions that occur). RAMCAP stands for probability research and administration for severe Asset safeguard; the RAMCAP Plus strategy is a high-level strategy that may be adapted to varied sectors, thereby supplying a mechanism for evaluating hazard and risk-management advantages at scales starting from resources to entire sectors of the economic climate
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Additional info for All-hazards risk and resilience : prioritizing critical infrastructure using the RAMCAP Plus approach
Rose, A. 2004. “Economic Principles, Issues, and Research Priorities in Natural Hazard Loss Estimation” in Okuyama Y. and Chang S. 13-36. Rose, A. 2006. “Economic Resilience to Disasters: Toward a Consistent and Comprehensive Formulation,” in Paton D. and Johnston D. ), Disaster Resilience: An Integrated Approach, Springfield, IL: Charles C. Thomas, 2006, pp. 226-48. Rose, A. 2007. “Macroeconomic Modeling of Catastrophic Events,” in Quigley J. and Rosenthal L. ), Real Estate, Catastrophic Risk, and Public Policy, Berkeley, CA: Berkeley Public Policy Press, forthcoming.
Asset replacement costs* b. Remediation costs* c. Business interruption costs* d. Negligence liability costs* e. National/regional economic losses/multiple sector impacts* f. Loss of critical data g. Loss of reputation or business viability 3. National Security & Government Functionality Impacts a. Military mission importance and readiness b. Delivery of public health services c. Contamination of/disruption to critical potable water or sanitation services d. Interruption of governance, public safety or law enforcement 4.
Over time, security and resilience considerations will take their place with health and safety, environmental protection, equal opportunity and even strategic profitability as investment criteria. To the extent that insurance companies, financial rating organizations, lenders and investors begin to place value on security and resilience (business continuity) concerns, these trends will accelerate. Enhanced public policy. No government agency can know all of the pertinent details of any other organization’s relevant risk and resilience posture.