The Quick Risk Estimation (QRE) tool has been designed for the purposes of identifying and understanding current and future risks / stress / shocks and exposure threats to both human and physical assets.
The QRE Tool is not a full scale risk assessment, rather a multi-stakeholder engagement process to establish a common understanding. Taking into account the actions or corrective measures already undertaken, the QRE will produce a dashboard-style risk assessment advising the risks and hazards to human and physical assets, impacts of identified main risks and associated perils on the specified location and/or particular asset.