TeachMeFinance.com - explain Hazard
Hazard The term 'Hazard' as it applies to the area of reclamation can be defined as ' Something (e.g., a dam) that creates the potential for adverse consequences such as loss of life (LOL), property damage, and adverse social and environmental impacts. From a dam safety perspective, impacts may be from floodwaters released from dam structures or waters released by partial or complete failure of the dam. In this case, impacts would be to a defined area downstream. Impacts may also be to an area upstream of the dam from effects of backwater flooding or effects of landslides around the reservoir perimeter'.
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