The Assets and Risk Tool prioritizes shocks and stresses in the context of their interaction under future scenarios and identifies vulnerable physical assets.
The tool was designed to provide insight to inform the Preliminary Resilience Assessment and is designed to be used in the 100RC Resilience Strategy Process.
It is a modular Excel-based tool which produces graphs and tables relating to a city’s assets and risks. The modules assist in identifying a city’s:
- Key physical assets and their current condition
- Acute shocks
- Vulnerability of key physical assets to acute shocks
- Chronic stresses that may present challenges for a city under future scenarios
- Connections between shocks and stresses (i.e. how prevalence of a stress may exacerbate the consequences of a shock event, and vice-versa).
The Assets and Risks Tool is best suited for cities who have not conducted a holistic hazard assessments that analyzes the impacts of both shocks and stresses. The tool is also particularly useful in engaging stakeholders in understanding potential risks and future scenarios.
The tool advances the City’s resilience practice by approaching risk through a resilience lens that takes into consideration both shocks & stresses, considers known risks and future scenarios, and takes an all-assets view of physical vulnerability.
The Assets and Risk Tool was developed in partnership between 100RC and AECOM.