How to Perform a Hazard Impact Analysis (in Plain English)


	Analyze the destructive impact that hazards have. • Analyze the impact that hazards could have on human health and safety. • Analyze the impact that hazards could have on potential victims. • Analyze the impact that hazards could have on emergency responders. • Analyze the impact that hazards could have on your physical assets. • Analyze the impact that hazards could have on your property. • Analyze the impact that hazards could have on your facilities. • Analyze the impact that hazards could have on your infrastructure. • Analyze the impact that hazards could have on your service delivery. • Analyze the impact that hazards could have on your ability to continue operations. • Analyze the impact that hazards could have on your financial or economic status. • Analyze the impact that hazards could have on the environment. • Analyze the impact that hazards could have on the community. • Analyze the impact that hazards could have on your ability to meet legal obligations. • Analyze the impact that hazards could have on your regulatory obligations. • Analyze the impact that hazards could have on your contractual obligations. • Analyze the impact that hazards could have on your organization’s reputation.
	The above is based on NFPA 1600 2007 Section 5.3.3.

	An Impact Analysis should: • Figure out which hazards are likely to occur. • Figure out what the impact of each hazard could be and then quantify the impacts. • Figure out which facilities, functions, and services are most vulnerable to each type of hazard. • Figure out what must be done to protect vulnerable facilities, functions, and services. Also do an economic and financial impact analysis in order to examine the potential economic or financial losses that could occur if essential services, functions, or processes are lost. This analysis should show what’s at risk and should influence what must be done to protect vulnerable facilities, functions, and services and what steps must be taken to continue operations during an emergency.
	The above is based on NFPA 1600 2007 Annex A 5.3.3.

	RELATED RESOURCES How to Perform a Risk Assessment How to Develop a Mitigation Strategy Risk and Security Management Guide How to Develop a Prevention Strategy Business Continuity Planning Topics ISO 45001 2018 Health and Safety Guide ISO 31000 2009 Risk Management Guide ISO 22301 2012 Business Continuity Guide ISO 28000 2007 Supply Chain Security Guide ISO 27001 and 27002 Information Security Guide ISO 14971 Medical Device Risk Management Guide

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Updated on November 22, 2018. Published on December 3 2000.
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