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Disaster Analysis Report

   

Added on  2021-05-31

11 Pages2414 Words347 Views
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Running head: DISASTER ANALYSIS REPORT1Disaster Analysis ReportName:Institution Affiliation:
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DISASTER ANALYSIS REPORT 2Table of ContentsIntroduction......................................................................................................................................3Executive Summary.........................................................................................................................3Risk Identification and Analysis......................................................................................................4Pre-disaster: Preparedness...............................................................................................................5Disaster Response............................................................................................................................6Post-Disaster: Recovery...................................................................................................................7Summary of the Plan.......................................................................................................................8Conclusion.......................................................................................................................................8References......................................................................................................................................10
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DISASTER ANALYSIS REPORT 3Disaster Analysis ReportIntroductionDisasters are a common occurrence in the contemporary society. Baas, Ramasamy, DePryck, and Battista (2008) document that there has been a global increase in the frequency of the catastrophes and their severity: between the period of 2000 and 2005, an average of 240 million people were affected by natural calamities. The disasters led to demises of 80,000 individuals and resulted in damages that amounted to approximately $80 billion. Some of the disasters are natural: they are caused by unfortunate weather conditions like floods while others are as a result of human interference or negligence such as fires and explosions. Risk management procedures and planning are imperative for addressing the implications of the catastrophes. This paper is a disaster plan analysis report following the explosion that occurred atTianjin Port in China.Executive SummaryThis emergency preparation outline has been documented to provide the City Port Company with a tool to effectively and efficiently respond to an explosion emergency which might lead to loss of many lives and damage of property worth millions. The plan is necessary for this organization considering the explosion incident that took place in Tianjin Port in China in 2015 (Huang & Zhang, 2015). The blast led to deaths of 50 people in the area and damage of millions of properties. In addition, 700 individuals got injured from the disaster. The explosion isthought to have originated from a chemical warehouse located near the facility. The disaster led to huge fires that were reported to burn for 4 days and destroyed the nearby buildings, equipmentand other properties. Effective strategies are thus necessary to better prepare for similar instancesand to reduce the impact and severity of the unfortunate calamity.
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DISASTER ANALYSIS REPORT 4Preparation measures include risk analysis, identification of preventive measures, the definition of mitigation procedures, and provision of information on early warning signs and the potential losses that might arise from the occurrence of the catastrophe. It also entails identification of the most effective and efficient communication strategy that would immediately support emergency aid. In addition, the company should incorporate vigilant evacuation policies in case of fires. The report also contains the necessary measures to respond to the disaster in order to reduce the severity of the calamity. Finally, an effective strategy to recover from such a disaster is critical for the organization (Aldrich, Meyer, 2015). The activities involved in recovering from a disaster include the following: performing ongoing assistance, actions to restore services and infrastructure, measures to relocate, resettle and reconstruct the facility, measures to support both social and economic recovery, and risk assessment (Waugh, 2015).Risk Identification and AnalysisDefining and analyzing threats is essential for creating a plan that would achieve the solutions to a disaster. For the explosion catastrophe, the financial risk is that the fires will lead to massive destruction of expensive property and buildings. Restoring the business activities will thus imply additional investment in the port equipment like cranes, containers and the products inside. The resulting loss will be million if not billions worth of property. Monitoring and measuring performance will be in accordance to the following plan; experts will be hired to assess the amount of losses incurred and communicate the threats in a timely fashion, a financial risk system will be installed in the company. Analyzing strategies is also imperative. The cost of business should not exceed the benefits. Therefore, the premium paid to insure the company’s assets should be in proportion to the return on investments.
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