Download or read book Principles of Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2016-04-19 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we know-and it is intentional in the way it addresses the importance of the things we don't know. Principles of Risk Analysis: Decision Making Under Uncertainty lays out the tasks of risk analysis i

Download or read book Risk Based Reliability Analysis and Generic Principles for Risk Reduction written by Michael T. Todinov and published by Elsevier. This book was released on 2006-11-03 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has been written with the intention to fill two big gaps in the reliability and risk literature: the risk-based reliability analysis as a powerful alternative to the traditional reliability analysis and the generic principles for reducing technical risk. An important theme in the book is the generic principles and techniques for reducing technical risk. These have been classified into three major categories: preventive (reducing the likelihood of failure), protective (reducing the consequences from failure) and dual (reducing both, the likelihood and the consequences from failure). Many of these principles (for example: avoiding clustering of events, deliberately introducing weak links, reducing sensitivity, introducing changes with opposite sign, etc.) are discussed in the reliability literature for the first time. Significant space has been allocated to component reliability. In the last chapter of the book, several applications are discussed of a powerful equation which constitutes the core of a new theory of locally initiated component failure by flaws whose number is a random variable. - Offers a shift in the existing paradigm for conducting reliability analyses - Covers risk-based reliability analysis and generic principles for reducing risk - Provides a new measure of risk based on the distribution of the potential losses from failure as well as the basic principles for risk-based design - Incorporates fast algorithms for system reliability analysis and discrete-event simulators - Includes the probability of failure of a structure with complex shape expressed with a simple equation

Download or read book Principles of Risk Based Decision Making written by In c. ABS Consulting and published by Government Institutes. This book was released on 2002-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Risk-Based Decision Making provides managers with the foundation for creating a proactive organizational culture that systematically incorporates risk into key decision-making processes. Based on methodology adopted by a number of organizations including the federal government, this book examines risk-based decision making as a process for organizing information about the possibility for unwanted outcomes in a simple, practical way that helps decision makers make timely, informed management choices that minimize harmful effects on safety and health, the environment, property loss, or mission success. Citing practical examples, charts, and checklists, the authors break the risk-based decision making process into five key components: establishing the decision structure, performing the risk assessment, managing sufficient risks, monitoring effectiveness of adopted risk controls through impact assessment, and facilitating risk communication. They examine each component in detail and outline available decision analysis and risk assessment tools that aid in each of these risk-based decision making functions. This book also walks readers through eight project management steps—from scoping a risk assessment to evaluating the recommendations—the components of each, and the importance of these steps to the success of a risk assessment. Special features include a table for applying the risk-based decision-making process, a hazard identification guidesheet, an example of human error, an acronym list, and a glossary.

Download or read book Primer on Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2011-07-15 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we know—and it is intentional in the way it addresses the importance of the things we don’t know. Primer on Risk Analysis: Decision Making Under Uncertainty lays out the tasks of risk analysis in a straightforward, conceptual manner that is consistent with the risk models of all communities of practice. This primer tackles the question, "what is risk analysis?" Distilling the common principles of the many risk tribes and dialects into serviceable definitions and narratives, it provides a foundation for the practice of risk analysis and decision making under uncertainty for professionals from all walks of life. Readers learn the language, models, and concepts of risk analysis and its three component tasks—risk management, assessment, and communication. Making a distinction between knowledge uncertainty and natural variability, the book also introduces a down-to-earth approach to decision making under uncertainty. Extensive examples illustrate the applicability of the risk analysis principles. The book’s simple and straightforward style—based on the author’s decades of experience as a risk analyst, trainer, and educator—strips away the mysterious aura that often accompanies risk analysis. It describes the principles of risk analysis in a manner that enables readers to better understand and use the models and practice of their individual fields, and to gain access to the rich and sophisticated professional literature on risk analysis. A companion volume, Principles of Risk Analysis: Decision Making Under Uncertainty, supplies the tools, techniques, and methodologies to help readers apply the principles of risk analysis—the "how to." Additional exercises, as well as a free student version of the Palisade Corporation DecisionTools® Suite software and files used in the preparation of this book are available for download.

Download or read book Risk Analysis written by John J. Cohrssen and published by DIANE Publishing. This book was released on 1999-05 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for consumers of risk information, this book offers a balance between the technical and nontechnical literature. The discipline of risk analysis has developed into an organized body of knowledge and methods only within the past 20 years. The passage of federal laws to protect public health and the environment has generated rapid growth in risk analysis in numerous fields. Statements of risk need to be understood to be useful to the public and environmental managers. This guidebook provides a tool for understanding risk analysis. Chapters: overview of risk analysis; hazard identification; risk assessment; and risk communication.

Download or read book Handbook of Safety Principles written by Niklas Möller and published by John Wiley & Sons. This book was released on 2018-02-21 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents recent breakthroughs in the theory, methods, and applications of safety and risk analysis for safety engineers, risk analysts, and policy makers Safety principles are paramount to addressing structured handling of safety concerns in all technological systems. This handbook captures and discusses the multitude of safety principles in a practical and applicable manner. It is organized by five overarching categories of safety principles: Safety Reserves; Information and Control; Demonstrability; Optimization; and Organizational Principles and Practices. With a focus on the structured treatment of a large number of safety principles relevant to all related fields, each chapter defines the principle in question and discusses its application as well as how it relates to other principles and terms. This treatment includes the history, the underlying theory, and the limitations and criticism of the principle. Several chapters also problematize and critically discuss the very concept of a safety principle. The book treats issues such as: What are safety principles and what roles do they have? What kinds of safety principles are there? When, if ever, should rules and principles be disobeyed? How do safety principles relate to the law; what is the status of principles in different domains? The book also features: • Insights from leading international experts on safety and reliability • Real-world applications and case studies including systems usability, verification and validation, human reliability, and safety barriers • Different taxonomies for how safety principles are categorized • Breakthroughs in safety and risk science that can significantly change, improve, and inform important practical decisions • A structured treatment of safety principles relevant to numerous disciplines and application areas in industry and other sectors of society • Comprehensive and practical coverage of the multitude of safety principles including maintenance optimization, substitution, safety automation, risk communication, precautionary approaches, non-quantitative safety analysis, safety culture, and many others The Handbook of Safety Principles is an ideal reference and resource for professionals engaged in risk and safety analysis and research. This book is also appropriate as a graduate and PhD-level textbook for courses in risk and safety analysis, reliability, safety engineering, and risk management offered within mathematics, operations research, and engineering departments. NIKLAS MÖLLER, PhD, is Associate Professor at the Royal Institute of Technology in Sweden. The author of approximately 20 international journal articles, Dr. Möller's research interests include the philosophy of risk, metaethics, philosophy of science, and epistemology. SVEN OVE HANSSON, PhD, is Professor of Philosophy at the Royal Institute of Technology. He has authored over 300 articles in international journals and is a member of the Royal Swedish Academy of Engineering Sciences. Dr. Hansson is also a Topical Editor for the Wiley Encyclopedia of Operations Research and Management Science. JAN-ERIK HOLMBERG, PhD, is Senior Consultant at Risk Pilot AB and Adjunct Professor of Probabilistic Riskand Safety Analysis at the Royal Institute of Technology. Dr. Holmberg received his PhD in Applied Mathematics from Helsinki University of Technology in 1997. CARL ROLLENHAGEN, PhD, is Adjunct Professor of Risk and Safety at the Royal Institute of Technology. Dr. Rollenhagen has performed extensive research in the field of human factors and MTO (Man, Technology, and Organization) with a specific emphasis on safety culture and climate, event investigation methods, and organizational safety assessment.

Download or read book Offshore Risk Assessment written by Jan-Erik Vinnem and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore Risk Assessment is the first book to deal with quantified risk assessment (QRA) as applied specifically to offshore installations and operations. Risk assessment techniques have been used for some years in the offshore oil and gas industry, and their use is set to expand increasingly as the industry moves into new areas and faces new challenges in older regions. The book starts with a thorough discussion of risk analysis methodology. Subsequent chapters are devoted to analytical approaches to escalation, escape, evacuation and rescue analysis of safety and emergency systems. Separate chapters analyze the main hazards of offshore structures: Fire, explosion, collision and falling objects. Risk mitigation and control are then discussed, followed by an outline of an alternative approach to risk modelling that focuses especially on the risk of short-duration activities. Not only does the book describe the state of the art of QRA, it also identifies weaknesses and areas that need development. Readership: Besides being a comprehensive reference for academics and students of marine/offshore risk assessment and management, the book should also be owned by professionals in the industry, contractors, suppliers, consultants and regulatory authorities.

Download or read book Foundations of Risk Analysis written by Terje Aven and published by John Wiley & Sons. This book was released on 2004-01-09 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyse, communicate and control the level of risk entailed by these decisions remains one of the most pressing challenges to the analyst, scientist and manager. This book presents the foundational issues in risk analysis ? expressing risk, understanding what risk means, building risk models, addressing uncertainty, and applying probability models to real problems. The principal aim of the book is to give the reader the knowledge and basic thinking they require to approach risk and uncertainty to support decision making. Presents a statistical framework for dealing with risk and uncertainty. Includes detailed coverage of building and applying risk models and methods. Offers new perspectives on risk, risk assessment and the use of parametric probability models. Highlights a number of applications from business and industry. Adopts a conceptual approach based on elementary probability calculus and statistical theory. Foundations of Risk Analysis provides a framework for understanding, conducting and using risk analysis suitable for advanced undergraduates, graduates, analysts and researchers from statistics, engineering, finance, medicine and the physical sciences, as well as for managers facing decision making problems involving risk and uncertainty.

Download or read book Risk Analysis in Engineering written by Mohammad Modarres and published by CRC Press. This book was released on 2016-04-27 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the author's 20 years of teaching, Risk Analysis in Engineering: Techniques, Tools, and Trends presents an engineering approach to probabilistic risk analysis (PRA). It emphasizes methods for comprehensive PRA studies, including techniques for risk management. The author assumes little or no prior knowledge of risk analysis on the p

Download or read book Principles of Risk Management and Patient Safety written by Barbara J. Youngberg and published by Jones & Bartlett Publishers. This book was released on 2010-08-10 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Risk Management and Patient Safety identifies changes in the industry and describes how these changes have influenced the functions of risk management in all aspects of healthcare. The book is divided into four sections. The first section describes the current state of the healthcare industry and looks at the importance of risk management and the emergence of patient safety. It also explores the importance of working with other sectors of the health care industry such as the pharmaceutical and device manufacturers. Important Notice: The digital edition of this book is missing some of the images or content found in the physical edition.

Download or read book Understanding Risk written by National Research Council and published by National Academies Press. This book was released on 1996-07-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical information is essential for making decisions, but the people who make and live with those decisions are not scientists. The key task of risk characterization is to provide needed and appropriate information to decisionmakers and the public. This important new volume illustrates that making risks understandable to the public involves much more than translating scientific knowledge. The volume also draws conclusions about what society should expect from risk characterization and offers clear guidelines and principles for informing the wide variety of risk decisions that face our increasingly technological society. Frames fundamental questions about what risk characterization means. Reviews traditional definitions and explores new conceptual and practical approaches. Explores how risk characterization should inform decisionmakers and the public. Looks at risk characterization in the context of the entire decisionmaking process. Understanding Risk discusses how risk characterization has fallen short in many recent controversial decisions. Throughout the text, examples and case studiesâ€"such as planning for the long-term ecological health of the Everglades or deciding on the operation of a waste incineratorâ€"bring key concepts to life. Understanding Risk will be important to anyone involved in risk issues: federal, state, and local policymakers and regulators; risk managers; scientists; industrialists; researchers; and concerned individuals.

Download or read book Introduction to Risk Analysis written by Daniel M. Byrd and published by Government Institutes. This book was released on 2000-08-01 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for safety and loss-control, environmental, and quality managers, this is the first comprehensive, integrated guide to developing a complete environmental risk analysis for regulated substances and processes. Unlike other books, Introduction to Risk Analysis looks at risk from a regulatory perspective, allowing both professionals in regulatory agencies concerned with risk_including OSHA, EPA, USDA, DOT, FDA, and state environmental agencies_and professionals in any agency-regulated industry to understand and implement the methods required for proper risk assessment. The authors examine risk and the structure of analysis. Emphasizing the predictive nature of risk, they discuss the quantitative nature of risk and explore quantitative-analysis topics, including data graphing, logarithmic thinking, risk estimating, and curve fitting. Chapters include discussions on functions, models, and uncertainties; the regulatory process; risk assessment; exposure; dosimetry; epidemiology; toxicology; risk characterization; comparative risk assessment; ecological risk assessment; risk management; and risk communication. Six in-depth case studies, an annotated bibliography, and more than 50 figures are also included.

Download or read book Risk Analysis and Security Countermeasure Selection written by CPP/PSP/CSC, Thomas L. Norman and published by CRC Press. This book was released on 2009-12-18 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: When properly conducted, risk analysis enlightens, informs, and illuminates, helping management organize their thinking into properly prioritized, cost-effective action. Poor analysis, on the other hand, usually results in vague programs with no clear direction and no metrics for measurement. Although there is plenty of information on risk analysis

Download or read book Risk Analysis and the Security Survey written by James F. Broder and published by Elsevier. This book was released on 2011-12-07 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: As there is a need for careful analysis in a world where threats are growing more complex and serious, you need the tools to ensure that sensible methods are employed and correlated directly to risk. Counter threats such as terrorism, fraud, natural disasters, and information theft with the Fourth Edition of Risk Analysis and the Security Survey. Broder and Tucker guide you through analysis to implementation to provide you with the know-how to implement rigorous, accurate, and cost-effective security policies and designs. This book builds on the legacy of its predecessors by updating and covering new content. Understand the most fundamental theories surrounding risk control, design, and implementation by reviewing topics such as cost/benefit analysis, crime prediction, response planning, and business impact analysis--all updated to match today's current standards. This book will show you how to develop and maintain current business contingency and disaster recovery plans to ensure your enterprises are able to sustain loss are able to recover, and protect your assets, be it your business, your information, or yourself, from threats. - Offers powerful techniques for weighing and managing the risks that face your organization - Gives insights into universal principles that can be adapted to specific situations and threats - Covers topics needed by homeland security professionals as well as IT and physical security managers

Download or read book Environmental and Health Risk Assessment and Management written by Paolo Ricci and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the legal, economical, and practical assessment and management of risky activities arising from routine, catastrophic environmental and occupational exposures to hazardous agents. It includes a discussion of aspects of US and European Union law concerning risky activities, and then develops the economic analyses that are relevant to implementing choices within a supply and demand framework. The book also discusses exposure-response and time-series models used in assessing air and water pollution, as well as probabilistic cancer models, including toxicological compartmental, pharmaco-kinetic models and epidemiological relative risks and odds ratios-based models. Statistical methods to measure agreement, correlation and discordance are also developed. The methods and criteria of decision-analysis, including several measures of value of information (VOI) conclude the expositions. This book is an excellent text for students studying risk assessment and management.

Download or read book Principles of Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2019-01-30 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt: In every decision problem there are things we know and things we do not know. Risk analysis science uses the best available evidence to assess what we know while it is carefully intentional in the way it addresses the importance of the things we do not know in the evaluation of decision choices and decision outcomes. The field of risk analysis science continues to expand and grow and the second edition of Principles of Risk Analysis: Decision Making Under Uncertainty responds to this evolution with several significant changes. The language has been updated and expanded throughout the text and the book features several new areas of expansion including five new chapters. The book’s simple and straightforward style—based on the author’s decades of experience as a risk analyst, trainer, and educator—strips away the mysterious aura that often accompanies risk analysis. Features: Details the tasks of risk management, risk assessment, and risk communication in a straightforward, conceptual manner Provides sufficient detail to empower professionals in any discipline to become risk practitioners Expands the risk management emphasis with a new chapter to serve private industry and a growing public sector interest in the growing practice of enterprise risk management Describes dozens of quantitative and qualitative risk assessment tools in a new chapter Practical guidance and ideas for using risk science to improve decisions and their outcomes is found in a new chapter on decision making under uncertainty Practical methods for helping risk professionals to tell their risk story are the focus of a new chapter Features an expanded set of examples of the risk process that demonstrate the growing applications of risk analysis As before, this book continues to appeal to professionals who want to learn and apply risk science in their own professions as well as students preparing for professional careers. This book remains a discipline free guide to the principles of risk analysis that is accessible to all interested practitioners. Files used in the creation of this book and additional exercises as well as a free student version of Palisade Corporation’s Decision Tools Suite software are available with the purchase of this book. A less detailed introduction to the risk analysis science tasks of risk management, risk assessment, and risk communication is found in Primer of Risk Analysis: Decision Making Under Uncertainty, Second Edition, ISBN: 978-1-138-31228-9.

Download or read book Principles of Fire Risk Assessment in Buildings written by David Yung and published by John Wiley & Sons. This book was released on 2008-12-17 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book arrives at just the right time to facilitate understanding of performance-based fire risk assessment in buildings – an integral part of the global shift in policy away from traditional prescriptive codes. Yung, an internationally recognised expert on the subject of fire risk assessment, introduces the basic principles and techniques that help the reader to understand the various methodologies that are currently in place or being proposed by different organisations. Through his illustration of basic principles and techniques he enables the reader to conduct their own fire risk assessments. He demonstrates how the probabilities of fire scenarios are assessed based on the probabilities of success and failure of fire protection measures that are in place. He also shows how the consequences of fire scenarios are assessed based on the intensity and speed of fire and smoke spread, the probability and speed of occupant response and evacuation, and the effectiveness and speed of fire department response and rescue efforts. Yung’s clear and practical approach to this highly topical subject enables the reader to integrate the various tools available into a quantitative framework that can be used for decision making. He brings an invaluable resource to all those involved in fire engineering and risk assessment, including students, academics, building designers, fire protection engineers, structural engineers, regulators and risk analysts.