An uncertainty index to measure the feasibility of Whole-Life Cycle Costing approach in flood risk management
Autor: | Hazel P. Faulkner, Christophe Viavattene |
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Rok vydání: | 2012 |
Předmět: |
Government
Environmental Engineering Index (economics) Relation (database) Flood myth business.industry Computer science Geography Planning and Development Environmental resource management Test (assessment) Economic data Risk analysis (engineering) Safety Risk Reliability and Quality Activity-based costing business Water Science and Technology Cost database |
Zdroj: | Journal of Flood Risk Management. 5:215-225 |
ISSN: | 1753-318X |
DOI: | 10.1111/j.1753-318x.2012.01140.x |
Popis: | In the UK, increased use of non-structural responses (NSRs) in integrated urban flood risk management has been recommended since the flood of autumn 2000. Paralleling this change, the UK government are now strongly promoting a Whole Life Cycle Costing approach (WLCC) to flood risk management economic appraisals. However, due to a relative lack of economic knowledge in relation to NSR, costing non-structural responses is still in its infancy. Thus, the feasibility of the WLCC approach to costing non-structural strategies has been brought into question. This paper describes a qualitative method to assess the feasibility of WLCC approach, i.e. a method designed to assess if enough expert-based knowledge and/or economic data are available to support an effective, robust economic appraisal for a scheme that includes NSRs. This conceptual method allows flood risk managers to identify if, and when, further efforts are required in relation to obtaining better cost data to underpin a cost–benefit test. A user-friendly interface has been developed to support decision makers faced with these new challenges. A schematic project has been presented in the text to illustrate the potential application of the method. |
Databáze: | OpenAIRE |
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