Saturday, October 4, 2008

Applying the Land Use Portfolio Model to Estimate Natural-Hazard Loss and Risk

The Land Use Portfolio Model (LUMP), developed by the USGS, is a geospatial scenario-based tool that incorporates hazard-event uncertainties to support risk analysis. The LUPM provides an approach to estimate and compare risks and returns from investments in risk-reduction measures.

Unlike HAZUS-MH, LUMP accounts for uncertainties associated with specific natural-hazard scenarios, such as the likelihood of occurrance within a particular time period or mitigation options.

For more info see the report: Applying the Land Use Portfolio Model to Estimate Natural-Hazard Loss and Risk - A Hypothetical Demonstration for Ventura County, California

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