Explaining Risk Analysis

Author : Michael R Greenberg
Publisher : Routledge
Page : 358 pages
File Size : 40,9 Mb
Release : 2016-09-13
Category : Business & Economics
ISBN : 9781317298410

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Explaining Risk Analysis by Michael R Greenberg Pdf

Risk analysis is not a narrowly defined set of applications. Rather, it is widely used to assess and manage a plethora of hazards that threaten dire implications. However, too few people actually understand what risk analysis can help us accomplish and, even among experts, knowledge is often limited to one or two applications. Explaining Risk Analysis frames risk analysis as a holistic planning process aimed at making better risk-informed decisions and emphasizing the connections between the parts. This framework requires an understanding of basic terms, including explanations of why there is no universal agreement about what risk means, much less risk assessment, risk management and risk analysis. Drawing on a wide range of case studies, the book illustrates the ways in which risk analysis can help lead to better decisions in a variety of scenarios, including the destruction of chemical weapons, management of nuclear waste and the response to passenger rail threats. The book demonstrates how the risk analysis process and the data, models and processes used in risk analysis will clarify, rather than obfuscate, decision-makers’ options. This book will be of great interest to students and scholars of risk assessment, risk management, public health, environmental science, environmental economics and environmental psychology.

Author : Michael R Greenberg
Publisher : Taylor & Francis
Page : 320 pages
File Size : 50,7 Mb
Release : 2016-09-13
Category : Business & Economics
ISBN : 9781317298427

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Explaining Risk Analysis by Michael R Greenberg Pdf

Risk analysis is not a narrowly defined set of applications. Rather, it is widely used to assess and manage a plethora of hazards that threaten dire implications. However, too few people actually understand what risk analysis can help us accomplish and, even among experts, knowledge is often limited to one or two applications. Explaining Risk Analysis frames risk analysis as a holistic planning process aimed at making better risk-informed decisions and emphasizing the connections between the parts. This framework requires an understanding of basic terms, including explanations of why there is no universal agreement about what risk means, much less risk assessment, risk management and risk analysis. Drawing on a wide range of case studies, the book illustrates the ways in which risk analysis can help lead to better decisions in a variety of scenarios, including the destruction of chemical weapons, management of nuclear waste and the response to passenger rail threats. The book demonstrates how the risk analysis process and the data, models and processes used in risk analysis will clarify, rather than obfuscate, decision-makers’ options. This book will be of great interest to students and scholars of risk assessment, risk management, public health, environmental science, environmental economics and environmental psychology.

Author : Mohammad Modarres
Publisher : CRC Press
Page : 408 pages
File Size : 49,5 Mb
Release : 2016-04-27
Category : Mathematics
ISBN : 9781420003499

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Risk Analysis in Engineering by Mohammad Modarres Pdf

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

Author : Can Akdeniz
Publisher : Can Akdeniz
Page : 40 pages
File Size : 43,7 Mb
Release : 2015-01-22
Category : Business & Economics
ISBN : 8210379456XXX

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Risk Management Explained by Can Akdeniz Pdf

This book will run you through the ambit of just what risk management is. It will show you how you can apply it to your business. It will discuss the principles of risk management, and the processes involved, and also give you an idea of the application of these processes to a couple of businesses. The rules of risk management are mostly universal, and by tweaking them slightly, you can apply them to any enterprise. You will be armed with the essential tools to devise a risk management strategy that will, in effect, maximize the potential of your business to realize opportunities. This is, after all, the ultimate purpose of risk management!

Author : Jean-Paul Chavas
Publisher : Elsevier
Page : 247 pages
File Size : 51,9 Mb
Release : 2004-07-01
Category : Business & Economics
ISBN : 9780080516332

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Risk Analysis in Theory and Practice by Jean-Paul Chavas Pdf

The objective of Risk Analysis in Theory and Practice is to present this analytical framework and to illustrate how it can be used in the investigation of economic decisions under risk. In a sense, the economics of risk is a difficult subject: it involves understanding human decisions in the absence of perfect information. How do we make decisions when we do not know some of events affecting us? The complexities of our uncertain world and of how humans obtain and process information make this difficult. In spite of these difficulties, much progress has been made. First, probability theory is the corner stone of risk assessment. This allows us to measure risk in a fashion that can be communicated among decision makers or researchers. Second, risk preferences are now better understood. This provides useful insights into the economic rationality of decision making under uncertainty. Third, over the last decades, good insights have been developed about the value of information. This helps better understand the role of information in human decision making and this book provides a systematic treatment of these issues in the context of both private and public decisions under uncertainty. Balanced treatment of conceptual models and applied analysis Considers both private and public decisions under uncertainty Website presents application exercises in Excel

Author : National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management
Publisher : National Academies Press
Page : 102 pages
File Size : 43,9 Mb
Release : 2005-03-25
Category : Transportation
ISBN : 9780309095181

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The Owner's Role in Project Risk Management by National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management Pdf

Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE's risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study's primary objective was to provide DOE project managers with a basic understanding of both the project owner's risk management role and effective oversight of those risk management activities delegated to contractors.

Author : Terje Aven
Publisher : Routledge
Page : 316 pages
File Size : 51,9 Mb
Release : 2019-06-21
Category : Business & Economics
ISBN : 9780429642722

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The Science of Risk Analysis by Terje Aven Pdf

This book provides a comprehensive demonstration of risk analysis as a distinct science covering risk understanding, assessment, perception, communication, management, governance and policy. It presents and discusses the key pillars of this science, and provides guidance on how to conduct high-quality risk analysis. The Science of Risk Analysis seeks to strengthen risk analysis as a field and science by summarizing and extending current work on the topic. It presents the foundation for a distinct risk field and science based on recent research, and explains the difference between applied risk analysis (to provide risk knowledge and tackle risk problems in relation to for example medicine, engineering, business or climate change) and generic risk analysis (on concepts, theories, frameworks, approaches, principles, methods and models to understand, assess, characterise, communicate, manage and govern risk). The book clarifies and describes key risk science concepts, and builds on recent foundational work conducted by the Society for Risk Analysis in order to provide new perspectives on science and risk analysis. The topics covered are accompanied by cases and examples relating to current issues throughout. This book is essential reading for risk analysis professionals, scientists, students and practitioners, and will also be of interest to scientists and practitioners from other fields who apply risk analysis in their work.

Author : Terje Aven,Shital Thekdi
Publisher : Routledge
Page : 427 pages
File Size : 42,6 Mb
Release : 2021-09-12
Category : Technology & Engineering
ISBN : 9781000435030

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Risk Science by Terje Aven,Shital Thekdi Pdf

Risk science is becoming increasingly important as businesses, policymakers and public sector leaders are tasked with decision-making and investment using varying levels of knowledge and information. Risk Science: An Introduction explores the theory and practice of risk science, providing concepts and tools for understanding and acting under conditions of uncertainty. The chapters in this work cover the fundamental concepts, principles, approaches, methods and models for how to understand, assess, communicate, manage and govern risk. These topics are presented and examined in a way which details how they relate, for example, how to characterize and communicate risk with particular emphasis on reflecting uncertainties; how to distinguish risk perception and professional risk judgments; how to assess risk and guide decision-makers, especially for cases involving large uncertainties and value differences; and how to integrate risk assessment with resilience-based strategies. The text provides a variety of examples and case studies that relate to highly visible and relevant issues facing risk academics, practitioners and non-risk leaders who must make risk-related decisions. Presenting both the foundational and most recent advancements in the subject matter, this work particularly suits students of risk science courses at college and university level. The book also provides broader key reading for students and scholars in other domains, including business, engineering and public health.

Author : Igor Rychlik,Jesper Rydén
Publisher : Springer Science & Business Media
Page : 287 pages
File Size : 46,5 Mb
Release : 2006-10-07
Category : Mathematics
ISBN : 9783540395218

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Probability and Risk Analysis by Igor Rychlik,Jesper Rydén Pdf

This text presents notions and ideas at the foundations of a statistical treatment of risks. The focus is on statistical applications within the field of engineering risk and safety analysis. Coverage includes Bayesian methods. Such knowledge facilitates the understanding of the influence of random phenomena and gives a deeper understanding of the role of probability in risk analysis. The text is written for students who have studied elementary undergraduate courses in engineering mathematics, perhaps including a minor course in statistics. This book differs from typical textbooks in its verbal approach to many explanations and examples.

Author : David Vose
Publisher : John Wiley & Sons
Page : 754 pages
File Size : 52,5 Mb
Release : 2008-04-28
Category : Business & Economics
ISBN : 9780470512845

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Risk Analysis by David Vose Pdf

Risk Analysis concerns itself with the quantification of risk, the modeling of identified risks and how to make decisions from those models. Quantitative risk analysis (QRA) using Monte Carlo simulation offers a powerful and precise method for dealing with the uncertainty and variability of a problem. By providing the building blocks the author guides the reader through the necessary steps to produce an accurate risk analysis model and offers general and specific techniques to cope with most modeling problems. A wide range of solved problems is used to illustrate these techniques and how they can be used together to solve otherwise complex problems.

Author : Terje Aven,Shital Thekdi
Publisher : Routledge
Page : 184 pages
File Size : 46,7 Mb
Release : 2019-12-06
Category : Business & Economics
ISBN : 9780429756757

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Enterprise Risk Management by Terje Aven,Shital Thekdi Pdf

Enterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance. The book argues that there is critical need for ERM concepts, principles and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relying too much on narrow probability-based perspectives for risk assessment and decision-making. It expands traditional loss-based risk principles into new and innovative performance-risk frameworks, and presents fundamental risk principles that have recently been developed by the Society for Risk Analysis (SRA). All relevant statistical and risk concepts are clearly explained and interpreted using minimal mathematical notation. The focus of the book is centered around ideas and principles, more than technicalities. The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business, and should also be of interest to executive managers and policy makers with some background in quantitative methods such as statistics.

Author : National Research Council,Division on Earth and Life Studies,Commission on Life Sciences,Committee on the Institutional Means for Assessment of Risks to Public Health
Publisher : National Academies Press
Page : 206 pages
File Size : 44,5 Mb
Release : 1983-02-01
Category : Medical
ISBN : 9780309033497

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Risk Assessment in the Federal Government by National Research Council,Division on Earth and Life Studies,Commission on Life Sciences,Committee on the Institutional Means for Assessment of Risks to Public Health Pdf

The regulation of potentially hazardous substances has become a controversial issue. This volume evaluates past efforts to develop and use risk assessment guidelines, reviews the experience of regulatory agencies with different administrative arrangements for risk assessment, and evaluates various proposals to modify procedures. The book's conclusions and recommendations can be applied across the entire field of environmental health.

Author : R. E. Megill
Publisher : Unknown
Page : 200 pages
File Size : 43,5 Mb
Release : 1979
Category : Economics
ISBN : UCAL:B3534420

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An Introduction to Exploration Economics by R. E. Megill Pdf

Author : HSE Books,Health and Safety Executive
Publisher : Unknown
Page : 12 pages
File Size : 54,5 Mb
Release : 2006
Category : Electronic
ISBN : 0717662128

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Five Steps to Risk Assessment by HSE Books,Health and Safety Executive Pdf

Offers guidance for employers and self employed people in assessing risks in the workplace. This book is suitable for firms in the commercial, service and light industrial sectors.

Author : Jorge Rocha,Sandra Oliveira,César Capinha
Publisher : BoD – Books on Demand
Page : 116 pages
File Size : 42,6 Mb
Release : 2020-10-14
Category : Risk assessment
ISBN : 9781838807948

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Risk Management and Assessment by Jorge Rocha,Sandra Oliveira,César Capinha Pdf

Risk analysis, risk evaluation and risk management are the three core areas in the process known as 'Risk Assessment'. Risk assessment corresponds to the joint effort of identifying and analysing potential future events, and evaluating the acceptability of risk based on the risk analysis, while considering influencing factors. In short, risk assessment analyses what can go wrong, how likely it is to happen and, if it happens, what are the potential consequences. Since risk is a multi-disciplinary domain, this book gathers contributions covering a wide spectrum of topics with regard to their theoretical background and field of application. The work is organized in the three core areas of risk assessment.