1. Flood Risk Management Towards a New Paradigm
HAZARD
INPUT
EDUCATION
ASSESSMENT
COLLABORATION
THE RISK MANAGEMENT
TRIANGLE
(In flight, 2008)
RISK
VULNERABILITY
DECREASED RISK
A SHARED RESPONSIBILITY
EXPOSURE
THE RISK TRIANGLE
(David Crichton, 1999)

2. FLOOD RISK MANAGEMENT: All stakeholders contribute to reducing risk!
BUYING DOWN RISK
Initial Risk
Zoning
Building
Codes
Outreach
Risk
Evacuation Plan
Insurance
Levee
Residual
Risk
This graph illustrates the definition of flood risk management, and carries our message that some risk will remain no matter what measures are in place.
We have transitioned from flood control to flood damage reduction and now to flood risk management
The graph shows just a few of the tools that can be used to buy down or manage risk
Note that the tools are shared as is the responsibility for flood risk management, some of the tools lie within the responsibility of the nonfederal entities
Also note that there will always be a residual risk and the goal is to collaboratively reduce the residual risk to acceptable levels.
Risk Reduction Tools
(Cumulative)
All stakeholders contribute to reducing risk!