The Exposure Assessment evaluates over 100 distinct physical exposures in a particular geographic area. For each exposure, the following aspects are rated: Risk (the probability that an exposure event will occur), Vulnerability (the probability that an exposure event will cause damage), Impact (the magnitude of damage that could occur), Target Significance (the importance of the target which is subject to the exposure) and Mitigation (the effectiveness and extent of preventive measures). These five factors are individually rated and then aggregated to determine the resultant significance for any given exposure.

A summary report suitable for presentation to management is compiled along with summary ratings and recommendations and cost estimates for mitigation.