Three criteria for evaluating the possible performance of water resource systems are discussed. These measures describe how likely a system is to fail (reliability), how quickly it recovers from failure (resiliency), and how severe the consequences of failure may be (vulnerability). These criteria can be used to assist in the evaluation and selection of alternative design and operating policies for a wide variety of water resource projects. The performance of a water supply reservoir with a variety of operating policies illustrates their use.
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