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Natural Disaster: Business Interruption Modeling and Financial Impact

Overview


Risks and Challenges

Natural disasters, whether they are hurricanes, typhoons, tsunamis, or monsoon-related flooding, are all factors that can affect the operations of businesses worldwide. Detailed, proactive analysis and mitigation strategies are required to accurately assess and manage risks to operations in an economical feasible manner. Our goal is to not only minimize the damages caused by these events, but to minimize overall business interruptions as well. Current projects involve risk and vulnerability analysis of offshore oil and gas production facilities to minimize business interruption risks associated with natural disasters. The focus includes identifying decisions that can be made today, in order to minimize business interruptions in the future.

Our consultants have worked in industry, with trade associations and consortia, as government regulators, and for contract research organizations, giving us unparalleled expertise with solving complex engineering, regulatory, commercial, and scientific problems. Most of our consultants have been working in the field of chemical regulation, energy, and environmental and eco-sciences for more than 20 years. Combined with the extensive operational experience of our staff, Exponent is uniquely positioned to offer you a full and complete service.

Our services include:

  • Natural disaster risk assessment: wind and flood
  • Building and structural analysis
  • Construction material selection and performance
  • Insurance and mitigation planning
  • Probabilistic scheduling and risk/opportunity analysis
  • Project schedule controls
  • Process map creation and evaluation
  • Performance audits and evaluations
  • Bulk liquid terminaling
  • Transport of oil by shuttle tankers
  • Transportation network analysis and contract review
  • Oil and gas pipeline operations and maintenance
  • Gas compression and conditioning systems
  • Loss management and prevention
  • Environmental and safety compliance
  • Environmental site remediation
  • Risk communication
  • Offshore equipment
  • Operations management
  • Project risk mitigation
  • Disaster preparedness and recovery
  • Contingency contracting
  • Business interruption and network modeling
  • Marine operations: cargo handling and vessel traffic
  • Port security and regulatory compliance
  • Supply chain assessment and contract evaluations
  • Competitive analysis and benchmarking
  • Economic impact evaluation and cost structure analysis