This report is the final report in a series of five examining the complementary effect risk management has on asset management. This report focuses on physical, seismic, climactic, and threats of other types can be managed. The focus of this report, as opposed to the previous four, if the focus on just the negative effects of uncertainty, as opposed to looking at both the positive and negative effects. Such risks are normally external and difficult to know precisely when they will occur, although their occurrence is inevitable over the long term, like an earthquake or a major blizzard.