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Record |
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Author |
Mirjam Merz; Valentin Bertsch; Otto Rentz; Jutta Geldermann. |
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Title |
Assessment of industrial asset values at risk |
Type |
Conference Article |
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Year |
2007 |
Publication |
Intelligent Human Computer Systems for Crisis Response and Management, ISCRAM 2007 Academic Proceedings Papers |
Abbreviated Journal |
ISCRAM 2007 |
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Volume |
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Issue |
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Pages |
235-243 |
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Keywords |
Computer science; Computers; Bottom up approach; Economic impacts; Financial appraisal; High degree of accuracy; Mitigation measures; Natural hazard; Quantitative risk assessment; Residential building; Risk assessment |
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Abstract |
In the event of natural disasters and extreme events like storms, floods and earthquakes, not only people, residential buildings and infrastructure, but also industry can be seriously affected. Direct losses to installations as well as indirect losses e.g. interruption of production can cause severe damage to companies and the economy as a whole. For a comparative and quantitative risk assessment and as a prerequisite for emergency planning and crisis management (e.g. planning of mitigation measures), a financial appraisal of industrial assets at risk is needed. This paper presents the reference installation approach which is a methodology that allows a consistent and transparent assessment of individual industrial asset values. In this bottom up approach due to the consideration of the heterogeneity of various industrial sectors, the obtained results can be depicted for a detailed spatial distribution and on a high degree of accuracy. |
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Address |
Institute for Industrial Production (IIP), University of Karlsruhe (TH), Germany; Department of Production and Logistics, University of Göttingen, Germany |
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Thesis |
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Publisher |
Information Systems for Crisis Response and Management, ISCRAM |
Place of Publication |
Delft |
Editor |
B. Van de Walle, P. Burghardt, K. Nieuwenhuis |
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Language |
English |
Summary Language |
English |
Original Title |
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Series Editor |
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Series Title |
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Abbreviated Series Title |
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Series Volume |
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Series Issue |
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Edition |
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ISSN |
2411-3387 |
ISBN |
9789054874171; 9789090218717 |
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Track |
SPDR |
Expedition |
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Conference |
4th International ISCRAM Conference on Information Systems for Crisis Response and Management |
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Notes |
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Approved |
no |
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Call Number |
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Serial |
769 |
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