Understanding the following is fundamental to effective
What natural hazard(s) may threaten a given
How likely is it that the hazard(s) will
impact property in North Carolina and to what degree?
What people and assets (both natural and
built) are exposed to the hazard(s)?
What consequences may occur when a hazard
does impact property in North Carolina?
What actions can be taken to minimize the
likelihood of the hazard and/or the consequences?
What are the associated costs and benefits of
these risk-reducing options?
How do current decisions about these risk
variables affect future options?