Risk-Based Analysis for Flood Damage Reductionby Darryl W. Davis, Hydrologic Engineering Cent, Davis, United States,
Michael W. Burnham, Hydrologic Engineering Cent, Davis, United States,
Abstract: The traditional approach of the U.S. Army Corps of Engineers to flood damage reduction studies is compared to risk-based analysis, a method of performing studies in which uncertainty in technical data is explicitly taken into account. Use of the risk-based method results in explicit consideration of uncertainty in estimated flow-blood frequency, flood stage, and flood damage, and hence in project flood damage reduction benefits. Several examples are cited.
Subject Headings: Risk management | Damage (structural) | Flood frequency | Uncertainty principles | Comparative studies | Federal government | Data analysis
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