What is Risk Informed Development?

Risk informed development is an approach to development that is based on an understanding of the risks associated with a particular project or activity. This approach involves the identification of potential risks, the analysis of those risks, and the development of strategies to reduce or mitigate them. Risk informed development is particularly important in areas that are prone to natural disasters such as earthquakes, floods, or storms, as well as areas that are prone to man-made disasters such as industrial accidents, oil spills, or nuclear incidents. By taking a risk informed approach to development, communities and developers can work together to ensure that projects are safe, sustainable, and resilient to potential risks.

This mind map was published on 22 May 2023 and has been viewed 143 times.