When I started this thread, I thought it would be only 2 or 3 pages. We are now touching 17 pages.
Anyway, I was on Orchard Road recently and I can see them working quite hard to prevent the floodings ...
Hmmm.... risk-based strategy

. Very big word for simple stochastic modelling ..
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New flood control measures six months awayRazorTV
Singapore will be stepping up investments in flood monitoring equipment such as
flow meters, rain gaugers, radar systems and other meteorological equipment.
But it will be at least six months before any of these flood control measures can be considered for implementation in Singapore, said Minister for Environment and Water Resources Dr Vivian Balakrishnan.
Dr Balakrishnan met a newly-appointed panel of experts for the first time today to discuss strategies for developing flood prevention measures here.
The twelve-member panel led by local experts and supplemented by overseas experts from the US, United Kingdom, Japan and Hong Kong, is chaired by Prof Chan Eng Soon, Dean of the engineering faculty at the National University of Singapore.
The panel will assess Singapore's current drainage system, flood-prone areas, projected weather patterns and current and future building plans. Their recommendations will be
released in six months."What we are looking for is a
risk-based strategy to secure safety and to minimise the economic impact of floods in Singapore," said Dr Balakrishnan.
"It has to be risk-based because it is not possible to make any country completely flood-free. There will always be singular events which will exceed norms and the question then will be: what is a practical, affordable and reasonable set of recommendations that we can implement in the years to come."
http://news.asiaone.com/News/AsiaOne%2B ... 88208.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"