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Water and Wastewater All-Hazards Boot Camp
Prevention and Mitigation
Prevention and Mitigation
Prevention and Mitigation
Considerations for Implementing Prevention and Mitigation Strategies
Use your risk management plan to:
- Consider low-cost, near-term process improvements and long-term capital improvement projects
- Consider the lifecycle cost of the strategy, including the cost to apply for funding
- Determine the benefits of the prevention and mitigation strategies in terms of reducing public health, economic, and environmental impacts
- Conduct a cost-benefit analysis to determine whether selected prevention and mitigation strategies are cost effective.
Various tools can be used to assist with conducting cost-benefit analyses including
VSAT,
FEMA's Benefits-Cost Analysis (BCA), and the
Water Health and Economic Analysis Tool (WHEAT)
In order to prioritize prevention and mitigation strategies, Rick uses the risk management plan to compare the costs and benefits associated with the strategies he identified in the RA.
Here are things to consider when determining whether to implement prevention and mitigation strategies:
- Consider low-cost, near-term process improvements and long-term capital improvement projects
- Consider the lifecycle cost of the strategy
- Determine the benefits of the prevention and mitigation strategies
- Conduct a cost-benefit analysis