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The GIS-Based HAZUS Natural Hazards Loss Estimation Tool Enables Businesses to Manage Losses and Speed Recovery Following Natural Disasters Author: Barbara A. Schauer 1090 Vermont Ave. NW Phone: 202.289.7800 HAZUS is a GIS-based, multihazard loss estimation tool being used by businesses for successful business resumption planning. The HAZUS methodology was cooperatively developed by the Federal Emergency Management Agency and the National Institute of Building Sciences. HAZUS brings together the key elements of earth science, engineering, building stock and facilities data, and demographics at the census tract level. It currently allows users to compute estimates of damage and loss from earthquakes, and it is being expanded and enhanced to allow users to soon analyze damage and loss from hurricanes and floods. HAZUS is intended for use by a wide variety of users and it is now being implemented by businesses such as Charles Schwab for business resumption planning. HAZUS allows businesses to bring practical realism to simulation exercises. This enables businesses to manage losses and speed recovery following natural disasters. |