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Releases: USACE-RMC/RMC-TotalRisk

Version 1.0

28 Jan 21:19
@HadenSmith HadenSmith
v1.0
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🚨 Introducing RMC-TotalRisk v1.0: A New Software for Quantitative Risk Analysis 🚀

We are proud to announce the release of RMC-TotalRisk v1.0, a state-of-the-art software solution for quantitative risk analysis. RMC-TotalRisk connects the essential components of risk — hazard, transform, response, and consequences — within an intuitive modeling platform to streamline and enhance risk assessments.

What is RMC-TotalRisk?

RMC-TotalRisk performs quantitative risk calculations for complex systems, supporting the evaluation of single components with multiple failure modes or entire systems comprised of multiple components. Designed with a modern graphical user interface, the software simplifies data entry, provides diagnostic tools, and generates report-quality charts and outputs for actionable insights. Key features include:

  • Integration with other USACE software, including RMC-RFA, RMC-BestFit, LifeSim, and more.
  • Support for diverse hazard types, such as floods, earthquakes, and wildfires, and a wide range of consequence types, including life loss, economic impacts, and environmental effects.
  • Advanced event tree analysis capabilities for geotechnical and structural performance modeling.
  • Comprehensive risk outputs: excess, background, total, failure, and non-failure risks.

What Makes RMC-TotalRisk Unique?

RMC-TotalRisk introduces advanced features that elevate it beyond existing tools:

  • Flexibility in failure mode modeling, with options for joint, competing, common cause, and mutually exclusive failure modes.
  • Dependency modeling between hazard functions and failure modes using user-defined correlation matrices.
  • Compatibility with legacy tools like DAMRAE, LST, and HEC-FDA, enabling updates and replication of prior analyses while ensuring compliance with USACE policies.

Why Choose RMC-TotalRisk?

RMC-TotalRisk empowers users with the tools to perform rigorous, policy-compliant risk assessments for dams, levees, and flood risk management systems. From loss exceedance curves to assurance metrics, this software delivers the insights needed for risk-informed decision-making and strategic investments.

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