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Designed to Offer Strong Value

For $499, PARRE provides substantial benefits to its users:
  • Saves the assessment team time by performing laborious calculations and organizing data in a user-friendly way
  • Helps the assessment team understand the results and develop intelligent, prioritized management plans to reduce risk and increase resilience
  • For the water-sector, provides strict compliance with the ANSI/ AWWA J-100 standard for risk and resilience assessment
  • Provides the owner/operator with US Department of Homeland Security SAFETY Act flow down liability limitation from directed attacks
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Structured to Meet Your Needs

PARRE has many features:

  • Tracks progress at reducing risk and increasing resiliency over time against a fixed baseline
  • Quickly updates as investments are made or assets are modified to show the change in risk and risk-priorities
  • Accesses a complete suite of J100-required directed threats for assessment team evaluation, automatically calculating asset risk for six natural threats (hurricane, tornado, seismic, flood, ice storm, and wild fire) based on U.S. government recurrence databases
  • Substitutes alternate recognized approaches for determining natural threat magnitudes and return periods, if desired
  • Calculates threat-asset pair risk probability values based on monetary consequences, vulnerability probability, and threat likelihood probability
  • Guides the assessment team through the step-by-step logic of an assessment, assuring that significant information is not overlooked
  • Calculates both threat-asset pair level resilience and system-wide financial/operating resilience
  • Links to owner/operator preferred consequence models (e.g. blast analysis, contamination, and toxic gas release)
  • Determines vulnerability probability using path analysis, decision tree analysis, and/or fault tree analysis
  • Determines threat likelihood using expert elicitation, conditional probability, and/or proxy tool
  • Accommodates proximity and interdependency evaluations from other lifeline sector risk assessments
  • Stores the amassed data in a secure, owner-controlled environment so that it is readily available for modification, updates, “what-if drills,” and/or future assessment team use