miyamoto's three-phase program

Miyamoto has developed a three-phase program to assist corporations in reducing risk from natural and man-made perils. This systematic procedure evaluates a corporation's existing or "as-is" risk and creates an action plan to control that risk.

Phase I
Phase I provides a Risk Manager with a quick, realistic estimate of the corporation's existing Probable Maximum Loss (PML). Loss control opportunities are identified and prioritized so that management can decide whether it is necessary to continue to the next phase.

Phase II
Phase II focuses on the buildings and equipment that are identified as having an unacceptably high risk. Through state-of-the-art analysis, we develop options for various levels of risk reduction. (Cost vs. Benefit Analyses)

Phase III
Phase III implements the risk reduction program. One of the Phase II options will be selected on the basis of safety, budgets and overall corporate goals. Building retrofit designs are created for the specific option chosen.

Corporations that implemented this proactive risk reduction approach in advance of some of the more recent earthquake events have saved themselves untold grief and have exciting success stories to tell.