Earthquake Loss Estimation Report 4
Earthquake Loss Estimation
Introduction
Partly impelled by the escalating commercial costs of natural catastrophes, the world has experienced a dramatic
increase in processes focusing on estimating the primary and secondary losses resulting from earthquakes. A good
example references the 1997 journal Earthquake Spectra that devoted a special concern to loss estimation,
particularly focusing on the cost benefit analysis of the structural rehabilitation approaches. As illustrated by
previous reports, earthquakes striking thickly populated regions, such as urban areas lead to potential economic and
social losses even in nations with vast risk mitigation of earthquake (D’Ayala et al., 1997). Given that past examples
have demonstrated poor emergency responses and the possibility of high death toll, the field of earthquake loss
estimation (ELE) continue to mushroom with increased body of research presently undertaken by significant
methodological aspects. In addition to that, the burgeoning scope coupled with the all-inclusiveness of modern loss
estimation approaches presents that the field continues to become interdisciplinary, drawing majorly from every
discipline related to earthquake. To that effect, this report provides a robust discussion of the ELE with a keen focus
on FEMA P-58 in a bid to provide decision-makers and planners in response to the coordination of emergency
response at an international level.
History of the Project
Earthquake loss estimation (ELE) started during the National Oceanic and Atmospheric Agency (NOAA) in 1972
for the study of San Francisco followed by major studies within the region. Comprehensibly, none of the studies
have provided concrete results for national application given that the methodologies, approaches and assumptions
differed. However, in 1989, FEMA issued a publication of the National Academy of Sciences research that provided
a list of procedures for loss works along with the foundation for structure of loss system (Guney, 2015). In 1992,
Federal Emergency Management Agency (FEMA) formed a cooperative agreement with NIBS to develop a
standardized and generally pertinent methodology for assessing latent earthquake fatalities on a local foundation. A
significant level of efforts used projects that offered technical to provide user friendly input and objectives for
methodology.
Project Objectives
The adoption of the earthquake loss estimation methodology factors a number of general objectives as outlined in
the FEMA and National Institute of Building Sciences (NIBS) task plan. The main objective of this research focuses
on computing the values related with the response of a building to earthquake shaking (Ahmad, Ali, Crowley &
Pinho, 2014). The study provides updates of the estimated earthquake losses at a regional level and includes the
updates to the USGS national seismic hazard map. To that end, the project objectives focuses on a number of
methodologies as outlined below:
To address essential components of seismic risk, including probability of ground motion and the
consequences of ground motion in relation to physical damage as well as economic loss of building to
earthquake shaking
To accommodate different needs of building users by analyzing the different levels of seismic loses of the
ground motions in earthquake shaking
To a adopt state-of art model in the methodology of earthquake loss estimation associated with damage and
ground shaking hazards in individual buildings
The project incorporate both probabilistic and deterministic descriptions of spectral earthquake disaster
response with the application of software structured to assent complete maps of earthquake ground shaking
Natural Risk Assessment and Risk Management
The assessment of earthquake risk necessitates the measuring of the potential damage, costs, and casualties within a
specific geographic region and over described periods. The report begins with property transaction due diligence to
identify, analyze, and prioritize on risk. Risk assessment for property transaction would estimate the damage state of