Risk model output data
Risk model input data
Risk
model
Some maths that looks at how the inputs
combine and, by looking at past and future models and the world today, works out the chances of bad things happening and what the expected damage might be
Hazard data
Descriptions of events that �could happen and how they �affect people, things or places
Exposure and operational data
Data about people & things: how hazards harm them based on location, usage, construction, etc.
‘Base’ data that informs the models
Vulnerability data
The proneness of people and things to harm when hazards happen
To develop hazard data we need...
Land and weather information about �events that could happen
To develop exposure data we need...
Lists, images and maps of the things
that could be affected
To develop vulnerability data we need...
Data at-scale from people, sensors and systems on what has happened, or is happening, how bad it was/is and the damage caused
Systems loss model
The impacts on �financial, social and environmental systems.
This helps people make plans to address the risks.
2020-10-DEV
Risk model output data
Risk model input data
Risk
model
Some maths that looks at how the inputs
combine and, based on looking at the past, works out the chances of bad things happening and what the expected damage might be
Hazard data
Descriptions of events that �could happen and how they �affect a thing or a place
Exposure data
Information about a thing, �such as its location, usage or its construction (e.g. a bridge, car)
‘Base’ data that informs the models
Vulnerability data
The likelihood and level of �damage a particular event �could do to things
To develop hazard data we need...
Land and weather information about �events that could happen
To develop exposure data we need...
Lists, images and maps of the things
that could be affected
To develop vulnerability data we need...
Lists of events that happened in the past, how bad they were and the damage they caused
Financial loss model
The financial loss or the �number of exposed or damaged things*
This helps people assess their response to the risk
* living things are not included
Q: What is a Risk Model today ?
2020-02-01
Risk model output data
Risk model input data
Risk
model
Some maths that looks at how the inputs
combine and, by looking at past and future models and the world today, works out the chances of bad things happening and what the expected damage might be
Hazard data
Descriptions of events that �could happen and how they �affect people, things or places
Exposure and operational data
Data about people & things: how hazards harm them based on location, usage, construction, etc.
‘Base’ data that informs the models
Vulnerability data
The proneness of people and things to harm when hazards happen
To develop hazard data we need...
Land and weather information about �events that could happen
To develop exposure data we need...
Lists, images and maps of the things
that could be affected
To develop vulnerability data we need...
Data at-scale from people, sensors and systems on what has happened, or is happening, how bad it was/is and the damage caused
Systems loss model
The impacts on �financial, social and environmental systems.
This helps people make plans to address the risks.
Q: What is a Risk Model tomorrow ?
2020-02-01
iterations
Risk model output data
Risk model input data
Risk
model
Some maths that looks at how the inputs
combine and works out the chances �of bad things happening and what the expected damage might be
Hazard data
Descriptions of events that �could happen and how they �affect things, places or people
Exposure data
Information on people or the built environment & how hazard impacts location, construction or usage (e.g. a bridge, car)
‘Base’ data that informs the models
Vulnerability data
The proneness of people or physical things (exposures) when hazards happen
To develop hazard data we need...
Land and weather information about �events that could happen
To develop exposure data we need...
Lists, images and maps of the things
that could be affected
To develop vulnerability data we need...
Lists of events that happened in the past, how bad they were and the damage they caused
Systems loss model
The financial, social and environmental loss or the �number of exposed or damaged things
This helps people assess their response to the risk
Q: What is a Risk Model tomorrow?