A Hazard Vulnerability Analysis (HVA) evaluates probability/likelihood of events, impact/consequences on operations and safety, and surge/demand effects on services to prioritize preparedness and mitigation. While cost considerations inform later planning, the core HVA scoring focuses on likelihood, consequences, and demand effects.
References:
The Joint Commission, Emergency Management standards (HVA requirement).
ASHE HVA Tool and Guidance - Likelihood, impact, and surge/demand parameters.
AHA/ASHE CHFM Study Resources - Administration domain (emergency management planning).