1. Risk Evaluation Determines the relative seriousness of hazard risks as they affect the local community

2. “ [The] public [is] willing to accept voluntary risks approximately 1,000 times greater than involuntary risks” Keith Smith, in Environmental Hazards: Assessing and Reducing Disaster

5. Risk Matrix Example Source: Federal Emergency Management Agency. 1997. MultiHazard: Identification and Risk Assessment . FEMA. Washington, DC. P.315

9. SMAUG Prioritization Process From Lunn, John. 2003. “Community Consultation: The Foundation of Effective Risk Management.” Journal of Emergency Management. V.1, No.1, Spring. Pp. 39-48. High Priority Low Priority The risk will increase quickly The risk will remain static G – Growth High Priority Low Priority The risk urgently needs to be fixed It could be fixed next year U – Urgency High Priority Low Priority The risk is the least acceptable in terms of the political, social, or economic impact It will have little political, social, or economic impact A – Acceptability High Priority Low Priority The risk could be most affected by intervention We can do little to affect the risk. M - Manageability High Priority Low Priority The risk will affect the most people and/or will cost the most money It will affect the least number of people or cost the least dollars. S – Seriousness Priority Rating Description Factor The SMAUG Prioritization Process