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

By ASME Innovative Technologies Institute LLC

The aim of this e-book is to supply an knowing of the RAMCAP Plus approach so one can establish, prioritize and coordinate preparedness of the nation's serious infrastructure, together with safeguard (avoiding dangerous occasions or their effects) and resilience (rapid go back to complete functionality after these occasions that occur). RAMCAP stands for possibility research and administration for serious Asset safeguard; the RAMCAP Plus procedure is a high-level process that may be adapted to varied sectors, thereby supplying a mechanism for evaluating danger and risk-management advantages at scales starting from resources to complete sectors of the financial system

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Org/about-asme/terms-of-use This portion of the example describes Step 1, the Asset Characterization. The dam is critical to the regional power supply and holds back water that would cause widespread flooding, fatalities and property damage if breached. For these reasons, it was assigned the highest classification in the facility top screen. ) and each function into the individual assets that support the functions. The concept of identifying individual assets is particularly relevant to how the threat scenarios are applied to the facility.

While many security improvements may require significant capital as well as operating and maintenance expenditures, substantial improvement in security can be achieved through minimal investment. Unlike some other investments in the organization, many security and resilience investments are not immediately offset by an identifiable revenue stream. Therefore, it can be difficult for an organization to place security investments in their proper perspective along with its other investment and operating demands.

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.

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