View source for Risk Assessment

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[[Category:Risk Management for Dams]]
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"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." <ref name="FEMA1025">[[Federal Guidelines for Dam Safety Risk Management (FEMA P-1025)| Federal Guidelines for Dam Safety Risk Management (FEMA P-1025), FEMA, 2015]]</ref> 

==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==
{{Document Icon}} [[Federal Guidelines for Dam Safety Risk Management (FEMA P-1025)|Federal Guidelines for Dam Safety Risk Management (Federal Emergency Management Agency)]]
{{Document Icon}} [[Dam and Levee Safety: Using Risk-Informed Decision Making|Dam and Levee Safety: Using Risk-Informed Decision Making (U.S. Army Corps of Engineers)]]

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