The concept of resiliency or disaster mitigation has become more critical as both public and private organizations make significant investments near areas where natural disasters may occur. As the world's population increases, it creates added risk to large swaths of occupied areas as weather events grow in severity. The typical response is the add resiliency features for a premium that reduce the risk to life or property damage but these often do not meet the requirements for project budgets or can add significant lengths to the completion schedules. In some projects, the focus can be shifted away from sustaining a way of life and more on what it means to live in a resilient community. This presentation will discuss a number of value strategies for improving resiliency. The focus will be on identifying hazards, assessing vulnerabilities, determining the probability of risk or hazards, establishing the stakeholder importance, creating performance targets, and determining a best value response. Two case studies will be used to illustrate how these strategies have improved resiliency to reduce risk. Use of strategies such as, the value methodology, FAST, needs analysis, project performance measures, risk analysis, collaborative workshop iteration for maximum creativity, and evaluation techniques, Life Cycle Costing will be also used to continuously explore, and improve, options for maximum project success.
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