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1. The Use of Risk Management to Provide Cost‐effective Water Supplies
Author(s) -
HUNTINGTON R.
Publication year - 1988
Publication title -
water and environment journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.437
H-Index - 37
eISSN - 1747-6593
pISSN - 1747-6585
DOI - 10.1111/j.1747-6593.1988.tb01346.x
Subject(s) - risk analysis (engineering) , contingency , robustness (evolution) , risk management , contingency plan , water supply , key (lock) , computer science , environmental economics , business , reliability engineering , engineering , environmental engineering , finance , economics , computer security , biochemistry , linguistics , philosophy , chemistry , gene
M ajor benefits can be derived from the comprehensive use of risk management techniques in water supply distribution management. The paper identifies particular areas where financial benefits can be gained and examines savings, risks, and consequences of failure of critical supply links, recommending contingency planning to minimize the impact of occasional failures. Better management of service reservoirs is identified as a key element in improved management and methods of realizing savings are illustrated. Suggestions are made on how the inherent robustness of the distribution system can be exploited to meet high diurnal and seasonal peaks. Emphasis is placed on the value to be derived from sensible use of network analysis simulation and the control of pressure in the distribution system.