Portfolio Risk Assessment Using Risk Index
This Technical Note provides detailed information on the Brazilian risk classification system using the RI approach and the Indian RI system for the initial risk screening of a large portfolio of existing dams. Annex A provides basic information ab...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/492991619156789656/Portfolio-Risk-Assessment-Using-Risk-Index http://hdl.handle.net/10986/35490 |
| Summary: | This Technical Note provides detailed
information on the Brazilian risk classification system
using the RI approach and the Indian RI system for the
initial risk screening of a large portfolio of existing
dams. Annex A provides basic information about the RI
approach used in Quebec, Canada, for its dam classification
system. These RIs are used for prioritization of required
remedial works and other safety requirements. It should be
noted, however, that RI is also a basic tool for preliminary
level risk analyses for portfolios of dams and initial
screening of risky dams, which may need to be supplemented
by more advanced methods, depending on the type and
potential risk of the dams. Because RI largely relies on
visual inspection of the dams’ conditions, some critical
failure modes could be missed. underestimated, or
overestimated. In the higher risk cases, or whenever deemed
appropriate, more detailed risk analyses, such as potential
failure mode analysis (PFMA), can fill some of the gaps. |
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