Risk Based Reliability Analysis And Generic Principles For Risk Reduction

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Risk-Based Reliability Analysis and Generic Principles for Risk Reduction

Michael T. Todinov
Risk Based Reliability Analysis and Generic Principles for Risk Reduction Book PDF

Author : Michael T. Todinov
Publisher : Elsevier
Page : 400 pages
File Size : 51,6 Mb
Release : 2006-11-03
Category : Technology & Engineering
ISBN : 0080467555

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Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by Michael T. Todinov Pdf

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

Risk Analysis in Engineering

Mohammad Modarres
Risk Analysis in Engineering Book PDF

Author : Mohammad Modarres
Publisher : CRC Press
Page : 408 pages
File Size : 44,5 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

Principles of Risk-Based Decision Making

In c. ABS Consulting
Principles of Risk Based Decision Making Book PDF

Author : In c. ABS Consulting
Publisher : Government Institutes
Page : 226 pages
File Size : 42,7 Mb
Release : 2002-02-01
Category : Business & Economics
ISBN : 9781461624912

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Principles of Risk-Based Decision Making by In c. ABS Consulting Pdf

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.

Foundations of Quality Risk Management

Jayet Moon
Foundations of Quality Risk Management Book PDF

Author : Jayet Moon
Publisher : Quality Press
Page : 340 pages
File Size : 50,7 Mb
Release : 2022-10-22
Category : Business & Economics
ISBN : 9781951058333

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Foundations of Quality Risk Management by Jayet Moon Pdf

In today's uncertain times, risk has become the biggest part of management. Risk management is central to the science of prediction and decision-making; holistic and scientific risk management creates resilient organizations, which survive and thrive by being adaptable. This book is the perfect guide for anyone interested in understanding and excelling at risk management. It begins with a focus on the foundational elements of risk management, with a thorough explanation of the basic concepts, many illustrated by real-life examples. Next, the book focuses on equipping the reader with a working knowledge of the subject from an organizational process and systems perspective. Every concept in almost every chapter is calibrated to not only ISO 9001 and ISO 31000, but several other international standards. In addition, this book presents several tools and methods for discussion. Ranging from industry standard to cutting edge, each receives a thorough analysis and description of its role in the risk management process. Finally, you'll find a detailed and practical discussion of contemporary topics in risk management, such as supply chain risk management, risk-based auditing, risk in 4.0 (digital transformation), benefit-risk analyses, risk-based design thinking, and pandemic/epidemic risk management. Jayet Moon is a Senior ASQ member and holds ASQ CQE, CSQP, and CQIA certifications. He is also a chartered quality professional in the U.K. (CQP-MCQI). He earned a master's degree in biomedical engineering from Drexel University in Philadelphia and is a Project Management Institute (PMI) Certified Risk Management Professional (PMI-RMP). He is a doctoral candidate in Systems and Engineering Management at Texas Tech University

Enterprise Risk Management

Terje Aven,Shital Thekdi
Enterprise Risk Management Book PDF

Author : Terje Aven,Shital Thekdi
Publisher : Routledge
Page : 184 pages
File Size : 52,9 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.

Methods for Reliability Improvement and Risk Reduction

Michael Todinov
Methods for Reliability Improvement and Risk Reduction Book PDF

Author : Michael Todinov
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 48,5 Mb
Release : 2018-10-10
Category : Technology & Engineering
ISBN : 9781119477310

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Methods for Reliability Improvement and Risk Reduction by Michael Todinov Pdf

Reliability is one of the most important attributes for the products and processes of any company or organization. This important work provides a powerful framework of domain-independent reliability improvement and risk reducing methods which can greatly lower risk in any area of human activity. It reviews existing methods for risk reduction that can be classified as domain-independent and introduces the following new domain-independent reliability improvement and risk reduction methods: Separation Stochastic separation Introducing deliberate weaknesses Segmentation Self-reinforcement Inversion Reducing the rate of accumulation of damage Permutation Substitution Limiting the space and time exposure Comparative reliability models The domain-independent methods for reliability improvement and risk reduction do not depend on the availability of past failure data, domain-specific expertise or knowledge of the failure mechanisms underlying the failure modes. Through numerous examples and case studies, this invaluable guide shows that many of the new domain-independent methods improve reliability at no extra cost or at a low cost. Using the proven methods in this book, any company and organisation can greatly enhance the reliability of its products and operations.

Reliability Engineering and Risk Analysis

Mohammad Modarres,Mark P. Kaminskiy,Vasiliy Krivtsov
Reliability Engineering and Risk Analysis Book PDF

Author : Mohammad Modarres,Mark P. Kaminskiy,Vasiliy Krivtsov
Publisher : CRC Press
Page : 472 pages
File Size : 54,5 Mb
Release : 2009-09-22
Category : Technology & Engineering
ISBN : 9781420008944

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Reliability Engineering and Risk Analysis by Mohammad Modarres,Mark P. Kaminskiy,Vasiliy Krivtsov Pdf

Tools to Proactively Predict Failure The prediction of failures involves uncertainty, and problems associated with failures are inherently probabilistic. Their solution requires optimal tools to analyze strength of evidence and understand failure events and processes to gauge confidence in a design’s reliability. Reliability Engineering and Risk Analysis: A Practical Guide, Second Edition has already introduced a generation of engineers to the practical methods and techniques used in reliability and risk studies applicable to numerous disciplines. Written for both practicing professionals and engineering students, this comprehensive overview of reliability and risk analysis techniques has been fully updated, expanded, and revised to meet current needs. It concentrates on reliability analysis of complex systems and their components and also presents basic risk analysis techniques. Since reliability analysis is a multi-disciplinary subject, the scope of this book applies to most engineering disciplines, and its content is primarily based on the materials used in undergraduate and graduate-level courses at the University of Maryland. This book has greatly benefited from its authors' industrial experience. It balances a mixture of basic theory and applications and presents a large number of examples to illustrate various technical subjects. A proven educational tool, this bestselling classic will serve anyone working on real-life failure analysis and prediction problems.

IoT Supply Chain Security Risk Analysis and Mitigation

Timothy Kieras,Junaid Farooq,Quanyan Zhu
IoT Supply Chain Security Risk Analysis and Mitigation Book PDF

Author : Timothy Kieras,Junaid Farooq,Quanyan Zhu
Publisher : Springer Nature
Page : 142 pages
File Size : 41,8 Mb
Release : 2022-09-05
Category : Computers
ISBN : 9783031084805

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IoT Supply Chain Security Risk Analysis and Mitigation by Timothy Kieras,Junaid Farooq,Quanyan Zhu Pdf

This SpringerBrief introduces methodologies and tools for quantitative understanding and assessment of supply chain risk to critical infrastructure systems. It unites system reliability analysis, optimization theory, detection theory and mechanism design theory to study vendor involvement in overall system security. It also provides decision support for risk mitigation. This SpringerBrief introduces I-SCRAM, a software tool to assess the risk. It enables critical infrastructure operators to make risk-informed decisions relating to the supply chain, while deploying their IT/OT and IoT systems. The authors present examples and case studies on supply chain risk assessment/mitigation of modern connected infrastructure systems such as autonomous vehicles, industrial control systems, autonomous truck platooning and more. It also discusses how vendors of different system components are involved in the overall security posture of the system and how the risk can be mitigated through vendor selection and diversification. The specific topics in this book include: Risk modeling and analysis of IoT supply chains Methodologies for risk mitigation, policy management, accountability, and cyber insurance Tutorial on a software tool for supply chain risk management of IoT These topics are supported by up-to-date summaries of the authors’ recent research findings. The authors introduce a taxonomy of supply chain security and discusses the future challenges and directions in securing the supply chains of IoT systems. It also focuses on the need for joint policy and technical solutions to counter the emerging risks, where technology should inform policy and policy should regulate technology development. This SpringerBrief has self-contained chapters, facilitating the readers to peruse individual topics of interest. It provides a broad understanding of the emerging field of cyber supply chain security in the context of IoT systems to academics, industry professionals and government officials.

Risk-Based Management

Richard B. Jones
Risk Based Management Book PDF

Author : Richard B. Jones
Publisher : Routledge
Page : 238 pages
File Size : 51,9 Mb
Release : 2012-08-21
Category : Business & Economics
ISBN : 9781136011931

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Risk-Based Management by Richard B. Jones Pdf

First published in 1995. Completely eliminating risk is not an achievable goal, but risk reduction is an essential part of every corporation's management portfolio. Here are risk-based management principles that will help you make better business decisions in an increasingly competitive and regulated world.

Handbook of Seismic Risk Analysis and Management of Civil Infrastructure Systems

S Tesfamariam,K Goda
Handbook of Seismic Risk Analysis and Management of Civil Infrastructure Systems Book PDF

Author : S Tesfamariam,K Goda
Publisher : Elsevier
Page : 920 pages
File Size : 49,7 Mb
Release : 2013-04-30
Category : Science
ISBN : 9780857098986

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Handbook of Seismic Risk Analysis and Management of Civil Infrastructure Systems by S Tesfamariam,K Goda Pdf

Earthquakes represent a major risk to buildings, bridges and other civil infrastructure systems, causing catastrophic loss to modern society. Handbook of seismic risk analysis and management of civil infrastructure systems reviews the state of the art in the seismic risk analysis and management of civil infrastructure systems. Part one reviews research in the quantification of uncertainties in ground motion and seismic hazard assessment. Part twi discusses methodologies in seismic risk analysis and management, whilst parts three and four cover the application of seismic risk assessment to buildings, bridges, pipelines and other civil infrastructure systems. Part five also discusses methods for quantifying dependency between different infrastructure systems. The final part of the book considers ways of assessing financial and other losses from earthquake damage as well as setting insurance rates. Handbook of seismic risk analysis and management of civil infrastructure systems is an invaluable guide for professionals requiring understanding of the impact of earthquakes on buildings and lifelines, and the seismic risk assessment and management of buildings, bridges and transportation. It also provides a comprehensive overview of seismic risk analysis for researchers and engineers within these fields. This important handbook reviews the wealth of recent research in the area of seismic hazard analysis in modern earthquake design code provisions and practices Examines research into the analysis of ground motion and seismic hazard assessment, seismic risk hazard methodologies Addresses the assessment of seismic risks to buildings, bridges, water supply systems and other aspects of civil infrastructure

Offshore Risk Assessment

Jan-Erik Vinnem
Offshore Risk Assessment Book PDF

Author : Jan-Erik Vinnem
Publisher : Springer Science & Business Media
Page : 500 pages
File Size : 49,8 Mb
Release : 2013-03-14
Category : Technology & Engineering
ISBN : 9789401724715

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Offshore Risk Assessment by Jan-Erik Vinnem Pdf

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.

The Science of Risk Analysis

Terje Aven
The Science of Risk Analysis Book PDF

Author : Terje Aven
Publisher : Routledge
Page : 571 pages
File Size : 50,5 Mb
Release : 2019-06-21
Category : Business & Economics
ISBN : 9780429639555

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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.

Safety, Reliability and Risk Management

Sue Cox,Robin Tait
Safety Reliability and Risk Management Book PDF

Author : Sue Cox,Robin Tait
Publisher : Routledge
Page : 344 pages
File Size : 55,6 Mb
Release : 1998
Category : Business & Economics
ISBN : UOM:39015046895598

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Safety, Reliability and Risk Management by Sue Cox,Robin Tait Pdf

On systems reliability

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures

George Deodatis,Bruce R. Ellingwood,Dan M. Frangopol
Safety Reliability Risk and Life Cycle Performance of Structures and Infrastructures Book PDF

Author : George Deodatis,Bruce R. Ellingwood,Dan M. Frangopol
Publisher : CRC Press
Page : 1112 pages
File Size : 49,9 Mb
Release : 2014-02-10
Category : Technology & Engineering
ISBN : 9781315884882

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Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures by George Deodatis,Bruce R. Ellingwood,Dan M. Frangopol Pdf

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures contains the plenary lectures and papers presented at the 11th International Conference on STRUCTURAL SAFETY AND RELIABILITY (ICOSSAR2013, New York, NY, USA, 16-20 June 2013), and covers major aspects of safety, reliability, risk and life-cycle performance of str

Implementing Environmental and Resource Management

Michael Schmidt,Vincent Onyango,Dmytro Palekhov
Implementing Environmental and Resource Management Book PDF

Author : Michael Schmidt,Vincent Onyango,Dmytro Palekhov
Publisher : Springer Science & Business Media
Page : 317 pages
File Size : 42,8 Mb
Release : 2011-05-13
Category : Law
ISBN : 9783540775683

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Implementing Environmental and Resource Management by Michael Schmidt,Vincent Onyango,Dmytro Palekhov Pdf

This book represents the collected works of Environmental and Resource Management (ERM) Alumni as well as young professionals and researches who are involved in the field of ERM. The connecting theme of these works is the successful implementation of ERM in a wide range of issues including: energy innovation and management, climate change response and sustainable development aspects of resource management in developing countries. This book aims to expose some of the research outputs of ERM Alumni and present perspectives and critical questions of ERM application. The research results can provide empirical bases on which ERM study programmes and/or working environments can be problematised in order to more effectively meet the objectives of ERM. The intended audience of this volume is wide including potential and current ERM students who want to understand how ERM is being applied; and teachers and researchers who want to understand the roles and interactions of ERM Alumni and their workplace.