Asset Risk Report | Kinetica Risk

Asset Risk Report

ASTM E3429 Baseline - SSP585 2031-2060
Asset Name

Lumber Factory Building

Address

Princeton, BC

Hazards Evaluated
EarthquakeFloodFireExtremeTempWind
Net Benefit Through Resilience

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  • Quick Summary
    Impact Ratings
    Property Damage
    Extreme
    Tenant Impact
    Extreme
    Safety Risk
    Extreme
    Hazard Curve
    Average Annual Loss (AAL)
    Earthquake $287 ACUTE
    Flood $724 ACUTE
    Fire $937 ACUTE
    ExtremeTemp $4665 ACUTE
    Wind $2071 ACUTE
    Average Annual Functional Recovery Time
    Earthquake 0.79 days ACUTE
    Flood 1.86 days ACUTE
    Fire 2.42 days ACUTE
    ExtremeTemp 82.93 days ACUTE
    Wind 6.99 days ACUTE
    Loss (%) by Hazard
    Loss (%) of Functional Recovery Time
    Expected Loss by Time Horizon
  • Catastrophic Risk

    Rare Events - 5 year horizon 95th percentile

    Rare Events - 30 year horizon 95th percentile

  • Risk Drivers

    From a direct loss perspective the biggest contributor to Earthquake is Total Loss, the biggest contributor to Flood is Total Loss, the biggest contributor to Fire is Total Loss, the biggest contributor to ExtremeTemp is B30-Roofing, the biggest contributor to Wind is Total Loss, respectively. In some rare, but catastrophic scenarios total loss is a big contributor to one or more of the hazards exposed. Overall structural collapse or other irreparable conditions can both lead to this outcome. Retrofiting structure can be costly, and it is recommended to examine the total loss category in more detail to devise effective mitigation solutions.

    Cost Driver by Component Class
    Select Hazard

    {HazardSelectedOption}

    Recovery Bottleneck by Task
    Select Hazard

    {HazardSelectedOption}

  • Details of Property Damage & Functional Recovery
    Loss Metrics for Acute Hazards
    Hazard PML (100-yr) PML (500-yr) AEP OEP TVaR-99%
    Earthquake $0.00M $0.04M $0.00M $0.00M $0.02M
    Flood $0.00M $0.17M $0.00M $0.00M $0.05M
    Fire $0.00M $0.18M $0.00M $0.00M $0.05M
    ExtremeTemp $0.00M $0.00M $0.03M $0.01M $0.03M
    Wind $0.01M $0.01M $0.00M $0.00M $0.15M
    Acute Downtime Metrics (days)
    Hazard DT100 DT200 DT500
    Earthquake 19 days 21 days 88 days
    Flood 5 days 5 days 439 days
    Fire 0 days 0 days 463 days
    ExtremeTemp 54 days 46 days 41 days
    Wind 21 days 27 days 34 days

    All downtime values are in days.

  • Resilience Options

    Knowledge Enhancement

    5-yr Plan
    Conduct baseline+ assessment for WD.Moderate Value
    Conduct baseline+ assessment for FR.Moderate Value
    30-yr Plan

    Asset Hardening

    5-yr Plan
    Harden B30-Roofing components under HT for 5-yr horizon.Moderate Value
    30-yr Plan
    Harden C30-Interior Finishes components under EQ for 30-yr horizon.Moderate Value
    Harden B30-Roofing components under HT for 30-yr horizon.Moderate Value

    Operational Considerations

    5-yr Plan
    Expedite post-FL recovery/process of inspection for 5-yr horizon.Moderate Value
    Expedite post-FL recovery/process of contractor mobilization for 5-yr horizon.Moderate Value
    30-yr Plan
    Expedite post-EQ recovery/process of inspection for 30-yr horizon.Moderate Value
    Expedite post-EQ recovery/process of contractor mobilization for 30-yr horizon.Moderate Value
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Resilience Measures

Resilience Action Cost Est. Benefit Est. Net Saving BCR
Total

All values shown in $M.