Resilience Index for our Structural Health Monitoring System (SHMS)
Structural Health Monitoring System (SHMS) provides valuable data and information on the movement and behaviour of buildings and infrastructure. By understanding the movement and behaviour of buildings and infrastructure stakeholders can better prepare for and manage seismic events across the resilience index
Risk
- Vulnerability – conditions determined by physical, social, economic and environmental factors or processes that increase the susceptibility of an individual, a community, assets or systems to the impacts of hazards.
- Disaster risk – the potential loss of life, injury, or destroyed or damaged assets that could occur to a system, society or community in a specific period of time, determined as a function of hazard exposure, vulnerability and capacity.
- National risk – an uncertain, yet conceivable event or condition that could have serious, long-term effects on security and prosperity, requiring significant government intervention to manage.
- Residual risk – the disaster risk what remains in unmanaged form, even when effective disaster risk reduction measures are in place, and for which emergency response and recovery capacities must be maintained.
- Risk assessment – a calculation of the nature and extent of risk by analysing potential hazards and evaluating existing conditions of exposure and vulnerability to determine likely consequences.
- Risk transfer – the process of formally or informally shifting the financial consequences of particular risks from one party to another, e.g. via insurance.
Readiness
- Capacity – a combination of all the strengths, attributes and resources available within an organisation, community or society to manage and reduce disaster risks and strengthen resilience.
- Disaster risk management – application of disaster risk reduction policies and strategies to prevent new disaster risk, reduce existing disaster risk and manage residual risk, contributing to strengthened resilience and reduced disaster losses.
- Disaster risk reduction – prevent new and reduce existing disaster risk and manage residual risk, all of which strengthen resilience.
- Readiness – knowledge and capacities developed by governments, response and recovery organisations, communities and individuals to effectively anticipate, respond to and recover from the impacts of likely, imminent or current disasters.
Response
- Disaster – serious disruption of community function following a hazardous event, interacting with exposure, vulnerability and capacity, leading to one or more of the following: human, material, social, cultural, economic and environmental losses and impacts.
- Emergency management – knowledge, measures and practices for the safety of the public or property. The planning, organisation, coordination and implementation of these to guard against, prevent, reduce, recover from or overcome any hazard or harm associated with an emergency.
- Exposure – people, infrastructure, buildings, the economy and other assets that are exposed to a hazard.
- Hazard – a process, phenomenon or human activity that may cause loss of life, injury or other health impacts, property damage, social and prosperity, requiring significant government intervention to manage.
- Response – actions immediately before, during or directly after a disaster to save lives’ and property, reduce health impacts, ensure public safety and meet the basic subsistence needs of the people affected, and to help communities recover.
- Resilience – the ability to absorb the effects of a disruptive event, minimise adverse impacts, respond effectively post-event, maintain or recover functionality, and adapt in a way that allows for learning and thriving while mitigating future event adverse impacts.
Recovery
- Reconstruction – medium and long term rebuilding and restoration of critical infrastructures, services, housing, facilities and livelihoods required for the full functioning of a community or society affected by a disaster, aligning with the principles of sustainable development and: “Build back better”, to avoid or reduce future disaster risk
- Recovery – coordinated efforts and processes to bring immediate, medium term and long term holistic regeneration and enhancement of a community following an emergency
Read more about how Structural Health Monitoring System (SHMS) benefits you and your business.