These include buildings, information technology, utility systems, machinery, raw materials and finished goods. ![]() Many other physical assets may be at risk. Hazard scenarios that could cause significant injuries should be highlighted to ensure that appropriate emergency plans are in place. First and foremost, injuries to people should be the first consideration of the risk assessment. There are many “assets” at risk from hazards. The storm could intensify into a major hurricane and make landfall. Consider hurricanes:Ī Hurricane forecast to make landfall near your business could change direction and go out to sea. For each hazard there are many possible scenarios that could unfold depending on timing, magnitude and location of the hazard. A business impact analysis (BIA) is the process for determining the potential impacts resulting from the interruption of time sensitive or critical business processes. ![]()
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