Risk Assessment is the process of measuring the potential loss of life, personal injury, economic loss, and property damage resulting from hazards. This process is accomplished by completing four steps, which are described in FEMA’s planning guide entitled, “Local Mitigation Planning Handbook".
- Step 1: Describe hazards.
- Step 2: Identify community assets.
- Step 3: Analyze risk.
- Step 4: Summarize vulnerability.
Click on this link to access the Local Mitigation Planning Handbook: (https://www.fema.gov/sites/default/files/2020-06/fema-local-mitigation-plan-review-guide_09_30_2011.pdf)