Application of Risk Management and Value Engineering Techniques to Evaluation of Water Resources Projects with Special Emphasis on Geological Hazardsby David W. Eckhoff, Eckhoff, Watson & Preator Engineering, United States,
Jeffrey R. Keaton, Eckhoff, Watson & Preator Engineering, United States,
Abstract: The purpose of this paper is to provide: 1) a perspective for identifying and evaluating in comparable terms all hazards at a site; and 2) a means for intelligent decision-making based on these evaluations. Systematic evaluation of hazards and risks permit assessment of the costs associated with alternative responses which provide an acceptable level of risk of damage. Five alternative response exist and should be assessed sequentially. A segment of a power plant aqueduct subjected to rockfall, landslide and earthquake damage is used to provide a useful example of the five alternative responses.
Subject Headings: Risk management | Occupational safety | Value engineering | Water resources | Power plants | Water pipelines | Geohazards | Hydro power
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