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CSM 735 Risk Management
Question:
Earthquakes are recognized as one of the most terrifying and costly catastrophes that can offer a grave threat to a nation’s infrastructure, population, economy, and social structure. Most of the casualties happened during the earthquake due to a lack of awareness and preparedness and poor engineering design and plans to prevent these terrible events. The following are identification of related risks and their impacts are classified as high, medium and low also, relevant measures to be taken are listed following the table.
1. What can a GC do to mitigate seismic risks?
i. Risk assessment: infer to the location and geographic complexities where the GC is planning to build. He needs to be aware of all the structural limitations and building codes. What are the risks that can possibly take place? Give some examples
ii. Risk preparedness: How can a GC incorporate risk preparedness in his buildings and town. Emergency routes, rescue team contacts, positioning of temporary shelters, planning and accessibility, track earthquake occurrences. Education and Training. Give examples
CSM 735 Risk Management
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