Risk as a Sustainable Development Criteria

by Heidelore I. Kroeger,
Slobodan P. Simonovic, (M.ASCE),



Document Type: Proceeding Paper

Part of: North American Water and Environment Congress & Destructive Water

Abstract:

Project alternatives can be compared on a relative basis when all factors contributing to social, environmental and economic risks are weighed by all the stakeholders concerned. It is important that risk assessment not focus on some parts while ignoring others (Manning and Rejeski, 1994). Sustainable development seeks to include social and environmental impacts in the processes and accounting of economics. Therefore, risk assessments for sustainable development must consider all impacts whether quantitative or qualitative.

Subject Headings: Economic factors | Sustainable development | Social factors | Risk management | Water resources | Construction management | Uncertainty principles

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