Unit Objectives

Identifythe assets of a building or site that can be 
affected by a threat or hazard.

Explainthe components used to determine the value of 
an asset.

Determinethe critical assets of a building or site.

Providea numerical rating for the asset and justify the 
basis for the rating.


Assessment Flow Chart

AssetValueAssessment(Section 1.1)
VulnerabilityAssessment(Section 1.3)
Risk Assessment(Section 1.4)
IdentifyMitigation Options(Chapters 2 and 3)
Threat/HazardAssessment(Section 1.2)
Cost AnalysisDecision(Risk Management)
(Section 1.5)
Analyze how mitigationoptions affect asset criticalityand ultimately riskAnalyze how mitigationoptions change vulnerabilityand ultimately risk
Text Box: FEMA 426, Figure 1-3: The Assessment Process Model, p. 1-5 
Definition of Risk 

Risk is a combination 
of:

..The probability that 
an event will occur, 
and 
..The consequences 
of its occurrence


Text Box: Asset - A resource of value requiring protection. An asset can be tangible, such as buildings, facilities, equipment, activities, operations, and information; or intangible, such as processes or a company’s information and reputation.

People and Asset Value

Asset Value -The degree of debilitating 
impact that would be caused by the 
incapacity or destruction of an asset.



Identification of a Building’s Assets

Two Step Process

Step 1:Define and understand 
a building’s core functions and 
processes

Step 2:Identify site and building 
infrastructure and systems



Asset Value

Core Functions

..Primary services or outputs
..Critical activities
..Identify customers
..Inputs from external organizations
..Number of people affected


Critical Infrastructure

..Injuries or deaths related to lifelines
..Effect on core functions
..Availability of replacements / Cost to replace
..Critical support lifelines
..Critical or sensitive information



Text Box: FEMA 426, Adaptation of Table 1-1: Asset Value Scale, p. 1-13 Asset Value RatingKey elementsKey elements
....Loss of assets and/or people would Loss of assets and/or people would 
have grave, serious, moderate, or have grave, serious, moderate, or 
negligible consequences or impact negligible consequences or impact 

Text Box: FEMA 426, Adaptation of Table 1-1: Asset Value Scale, p. 1-13 Asset Value Rating (continued)
Key elementsKey elements
....Loss of assets and/or people would Loss of assets and/or people would 
have grave, serious, moderate, or have grave, serious, moderate, or 
negligible consequences or impact negligible consequences or impact 

Asset Value Notional Example


Text Box: FEMA 426, Table 1-2: Nominal Building Asset Value Assessment, p. 1-14 
Critical Functions

FEMA 426, Adaptation of Table 1-20: Site Functional Pre-Assessment 
Screening Matrix, p. 1-38

Vulnerability RatingThreat Rating8888Asset ValueEngineeringVulnerability RatingThreat Rating5555Asset ValueAdministrationCBR attackVehicle 
bombArmed attack 
(single gunman)Cyber attackFunction

Critical Infrastructure

FEMA 426, Adaptation of Table 1-21: Site Infrastructure Systems 
Pre-Assessment Screening Matrix, p. 1-39

Vulnerability RatingThreat Rating8888Asset ValueStructural SystemsVulnerability RatingThreat Rating4444Asset ValueSiteCBR attackVehicle 
bombArmed attack 
(single gunman)Cyber attackInfrastructure

Summary

Identifya building’s Critical 
Functions and Critical 
Infrastructure

Assigna value to a building’s 
assets or resources 

Inputvalues into Critical 
Functions and Critical 
Infrastructure areas of Threat 
Matrix



Asset Value Rating Considerations

*Go to Page SM II-C-2 in your Student Manual*

1.Criticality to overall organization
2.Criticality to unit at location
3.Ease of replacement
4.Relative value ($, # personnel, # critical personnel)
5.Consequences of destruction, failure, or loss of function 
in terms of casualties, property loss, and economic 
impacts
6.Likelihood of cascading or subsequent consequences



Unit II Case Study Activity

Asset Value Ratings

Background

Asset value: degree of debilitating impact that would be 
caused by the incapacity or destruction of a building’s assets

FEMA 426: Tables 1-1 and 1-2

Requirements

Refer to Case Study and answer worksheet questions:

..Identify Core Functions
..Identify Building Assets
..Quantify Asset Values