Abstract:
The term Risk is always followed by the term of Hazard. Risk might be interpreted as damage either to the human life or physical assets. On the other hand, risk depends on the hazard event occurring probability and the effect to the society by the event. This paper addresses to discuss possibilities to overcome the aleatory uncertainty through spatio - temporal data. It is necessary to develop new techniques to accommodate the peculiarities of the combined spatial and temporal information that take their outset in existing techniques and minimally extend them. On this platform, the current status of the risk analysis, the limitations and proposed solutions for the applicable methodology due to uncertainties of the risk analysis models, are discussed.
