Flood risk assessment for infrastructure networks
A practical framework for flood risk screening was developed to assess the flood risk to water utility assets within the infrastructure network. The tool is a combination of probability and consequence assessments. The first takes into account how probable it is for a particular asset to flood and cause significant damage. The second estimates the level of consequences a flood will have, considering, for example, the level of loss of service, environmental pollution and cost. The consequence assessment is based on a dependency assessment that identifies knock-on effects on other assets within the asset network and assesses the level of consequence they will have. The probability and consequence assessments are combined to produce a risk score that can be used to rank assets in a screening process that aims to assist companies in prioritising the investments required for taking action to reduce flood risk to their assets.