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The statement “Risk is the effect of uncertainty on objectives” emphasizes the fundamental relationship between uncertainty and the potential outcomes in any planning or operational context, particularly in disaster management. In the field of Disaster Vulnerability and Risk Assessment, risk is understood not merely as the probability of a hazardous event, but as the consequence of uncertainty on the ability of communities, systems, or individuals to achieve their objectives, including safety, resilience, and sustainable development. Uncertainty arises because disasters are often unpredictable in terms of timing, intensity, and spatial distribution, and this unpredictability affects decision-making at multiple levels. Disaster risk is commonly defined as a function of hazard, exposure, ______ ____ ________ ________ _____ _______ _____.
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