Multi-hazard Risk & Resilience Assessment for Real Asset Decision-Support (continuation) – Asset Interdependency Risk

The proposed project is an extension of a previous project “Multi-hazard Risk & Resilience Assessment for Real Asset Decision-Support” which aims to develop a methodology and software for performing rapid high-resolution multi-hazard risk assessment for asset portfolios by combining commercial/publicly available hazard models with high-resolution vulnerabilities derived from multi-physics simulations of different asset archetypes. The proposed project adds a component that captures cascading risk due to interdependency through the use of network models, which will be implemented as part of the risk assessment software.
The expected outcome of the project will be a network module that can be integrated into Kinetica Risk’s existing risk assessment software to carry out portfolio risk studies. The project will also result in academic publications in high-resolution network models for capturing cascading risk.

Faculty Supervisor:

David Bristow

Student:

Partner:

Kinetica Risk

Discipline:

Engineering

Sector:

Environmental Science and Technology; Sustainability & the Environment; Construction

University:

University of Victoria

Program: