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Economic impact of fire : cost and impact of fire protection in buildings

(2023)
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Abstract
The objective of the work is to establish and apply a methodology for evaluating the total benefits and costs related to fire protection features in buildings. An important component to reducing economic loss from fire is the ability to measure this loss. The work focuses on identifying the various dimensions of the economic impact of fire. It also seeks to measure these dimensions so that the cost of fire prevention and other interventions can be weighed against their benefits. Specifically, the project addresses four tasks which are summarized in this report: (i) literature review on methods to measure costs and losses from fires, and methods for cost-benefit evaluation from fire protection features in buildings, (ii) critical analysis of the identified methods including the data needs, advantages and limitations, (iii) recommendation of a holistic calculation method for evaluating the total benefits and costs related to fire protection features in buildings, and (iv) presentation of five case studies.
Keywords
fire, risk, cost-benefit analysis, cost-effectiveness

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Citation

Please use this url to cite or link to this publication:

MLA
Van Coile, Ruben, et al. Economic Impact of Fire : Cost and Impact of Fire Protection in Buildings. Fire Protection Research Foundation, 2023.
APA
Van Coile, R., Lucherini, A., Chaudhary, R. K., Ni, S., Unobe, D., & Gernay, T. (2023). Economic impact of fire : cost and impact of fire protection in buildings. Fire Protection Research Foundation.
Chicago author-date
Van Coile, Ruben, Andrea Lucherini, Ranjit Kumar Chaudhary, Shuna Ni, David Unobe, and Thomas Gernay. 2023. “Economic Impact of Fire : Cost and Impact of Fire Protection in Buildings.” Fire Protection Research Foundation.
Chicago author-date (all authors)
Van Coile, Ruben, Andrea Lucherini, Ranjit Kumar Chaudhary, Shuna Ni, David Unobe, and Thomas Gernay. 2023. “Economic Impact of Fire : Cost and Impact of Fire Protection in Buildings.” Fire Protection Research Foundation.
Vancouver
1.
Van Coile R, Lucherini A, Chaudhary RK, Ni S, Unobe D, Gernay T. Economic impact of fire : cost and impact of fire protection in buildings. Fire Protection Research Foundation; 2023.
IEEE
[1]
R. Van Coile, A. Lucherini, R. K. Chaudhary, S. Ni, D. Unobe, and T. Gernay, “Economic impact of fire : cost and impact of fire protection in buildings.” Fire Protection Research Foundation, 2023.
@misc{01GVXPJ6YXPCGJ3J3KDD6T6HFM,
  abstract     = {{The objective of the work is to establish and apply a methodology for evaluating the total benefits and costs related to fire protection features in buildings. An important component to reducing economic loss from fire is the ability to measure this loss. The work focuses on identifying the various dimensions of the economic impact of fire. It also seeks to measure these dimensions so that the cost of fire prevention and other interventions can be weighed against their benefits. Specifically, the project addresses four tasks which are summarized in this report: (i) literature review on methods to measure costs and losses from fires, and methods for cost-benefit evaluation from fire protection features in buildings, (ii) critical analysis of the identified methods including the data needs, advantages and limitations, (iii) recommendation of a holistic calculation method for evaluating the total benefits and costs related to fire protection features in buildings, and (iv) presentation of five case studies.}},
  author       = {{Van Coile, Ruben and Lucherini, Andrea and Chaudhary, Ranjit Kumar and Ni, Shuna and Unobe, David and Gernay, Thomas}},
  keywords     = {{fire,risk,cost-benefit analysis,cost-effectiveness}},
  language     = {{eng}},
  pages        = {{125}},
  publisher    = {{Fire Protection Research Foundation}},
  title        = {{Economic impact of fire : cost and impact of fire protection in buildings}},
  url          = {{https://www.nfpa.org/News-and-Research/Data-research-and-tools/US-Fire-Problem/Economic-Impact-of-Fire}},
  year         = {{2023}},
}