This document provides guidance on conducting hazard identification and risk assessment for a multi-jurisdictional hazard mitigation plan update. It outlines steps to identify natural hazards, describe their locations and impacts, analyze vulnerability to structures and development trends, and assess risk for each participating jurisdiction. The update should incorporate any new hazards or information that has changed vulnerability since the previous plan. Key elements include identifying and profiling hazards, assessing vulnerability of structures, analyzing development trends, addressing repetitive loss properties, and ensuring full coverage of risks for all participating communities.