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Earthquake Risk Management Process for Business Continuity
Assess Earthquake Risk
- Step 1:
Identify property vulnerabilities.
- Step 2:
Look at potential of risk and put in order of importance.
- Step 3:
Determine potential of business interruption.
Determine Best Ways Manage Earthquake Risk
- Step 4:
Create an assessment of critical risks highlighted in phase 1.
- Step 5:
Compare cost benefit analyses of managing critical risks.
- Step 6:
Develop a comprehensive, sustainable strategy for managing risk and improving business continuity.
- Step 7:
Improve structural and non-structural performance of properties to improve business continuity.
- Step 8:
Utilize appropriate recommendations from phase 2 and insurance options for improving business continuity.
- Step 9:
Develop specialized emergency response and business continuity plans with key stakeholders and practice them.