Loss Estimation Process Benefits
Loss Estimation Process Benefits : The loss estimation process (2nd phase of mitigation planning process), should help determine the following: (1) Which areas of the community or state are affected by hazards; (2) What assets will be affected and how; (3) How likely it is that the hazard event may occur; and (4) How intense the hazard event may be in terms of its economic and social impacts. (FEMA, Developing the Mitigation Plan (FEMA 386-3), 2003, p. 1-2)
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