The purpose of risk assessment is to provide information that will help risk managers make decisions. Organisations seek to identify risks to their operations and set policies in place to prevent adverse outcomes or to maximise possible opportunities. Management of earthquake risk falls into the former category: mitigation options usually address the possibilities of demolition, strengthening and insurance. But as in all areas of risk management, decisions become rather ad hoc unless they are based on objective assessments of risk. The Regional Riskscape programme, undertaken by GNS and NIWA, seeks to provide assessment of risks across a variety of natural hazards. Earthquake risk assessments are now done routinely for insurance purposes, so that asset owners can make well-informed business decisions about the amount of cover they need, and negotiate structures of cover with insurance companies. Riskscape seeks to widen this expertise, not just for insurance purposes but also to aid risk managers in assessing mitigation options for a variety of hazards. These assessments need to be expressed in terms that are useful and meaningful.
Paper P25: [Read]
The activity focus of the NZSEE Working Party during 2004 was on assisting IPENZ with the establishment of the Professional Engineers and Emergency Management Task Force, and in commencing a revision of the NZSEE Post-earthquake Building Safety Evaluation procedures. This report summarises the key activities of the NZSEE Working Party and the Professional Engineers and Emergency Management Task Force during 2004, and comments on progress being made.
Paper P26: [Read]