This chapter deals with the development of a management system, which integrates the use of IoT in natural risk detection, revention, and management with economic evaluation of each stage. In the introductory part, recent data are presented that document the importance that natural disasters have for the environment and for the Italian economy. Section 2 presents the Inte.Ri.M. project—the Internet of Things for Natural Risk Management—its purpose, activity plan, and bodies involved. Technical aspects are treated in Section 3 with the choice of hardware and software components and the solutions for collecting and transmitting data. Section 4 is about the economic aspects considering the stages of prevention, intervention, and restoration and the relation between the intensity of human activity and environment to define a range of situations. These scenarios call for different economic methodologies useful to estimate economic implications of each stage in the short, medium, and long term. Section 5 describes the structure of the Inte.Ri.M. management system and the foreseen functionalities. In the conclusion, the critical points are discussed, and the steps for the transposition of the work carried out on the territory are outlined, according to the provisions of the work program.
Part of the book: Perspectives on Risk, Assessment and Management Paradigms