Economic Consequence Analysis Module:
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Economic Consequence Analysis Module:

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Economic Consequence Analysis Module:




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Presentation on theme: "Economic Consequence Analysis Module:"— Presentation transcript:

Slide1

Economic Consequence Analysis Module: Regional and National Economic Impacts of Port Disruptions

Kickoff

Template

Submission Date: January

2

,

2015

Research

Team: Dan Wei and Adam Rose

PI(s): currently not

funded;

previous

funding from

USCG

&

DHS

(through

PortSec

)

Research Transition

Lead: Dan Wei

Slide2

Project Objectives:

Research Goals

Develop an economic consequence analysis model to estimate

regional & national economic impacts from

port disruptions due to natural disasters &

terrorism events

Incorporate a variety of resilience tactics in the

model relating

to

recovering from port disruptions

Research Transition Goals

Develop an operational tool to perform rapid estimation of potential economic losses from disruption of port

operations & supply chains

Provide economic impact decision support for ports

Slide3

DHS Interest and Motivation:

Why is DHS interested

Ports play a vital role in the Nation’s economic well-being

Ports can be a major target of terrorism & are vulnerable to natural disasters & climate change

Who at DHS are your contacts

We currently do not have a DHS contact

We could reconnect with prior

USCG

contacts

Slide4

Potential non-DHS Stakeholders:

Who else (operators/customers) could be interested in your research transition?

Port authorities and operators

Shipping companies

Local & regional governments

U.S. Geological Survey

Slide5

Interfaces to Related Research

Who else is working on this

An initial economic consequence analysis tool for disruptions at POLA/POLB was developed as part of the

PortSec

Project

(Interfaces with others in this field)

The

PortSec

Project

is

intended to

develop a port security risk analysis

& resource

allocation system that integrates port operation model, risk assessment framework, economic consequence

analysis & a resource/technology

portfolio allocation model into an integrated incident

response & resource

allocation system

Slide6

Research Technical Plan:

Currently, the model is built to estimate economic impacts of container terminal operation disruptions at

POLA

/

POLB

Future research technical plan is to:

Incorporate more resilience adjustments other than production

recapture into the model

Extend the model to simulate more scenarios in relation to operation disruptions in terminals other than the container

terminals

Extend the model to other major ports

Slide7

Research Transition Plan:

Work with CREATE’s Director of Transition and Research Development to identify potential end-users of the model

Determine the special interests & needs of end-users

Refine the current model

&

develop the rapid economic consequence estimation tool for port disruptions for end-users

Slide8

Milestones and Schedule/Timeline:

Identify potential end-users (by

March 2015)

Incorporate

more resilience adjustments other than production

recapture into current model (by May 2015)

Extend the model to simulate more scenarios in relation to operation disruptions in terminals other than the container

terminals at POLA/POLB (by June 2015)

Depending on the interests & needs of the end-users, expand the model to other major seaports and make necessary modifications &refinements to the functions & interface of the model (by October 2015)