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Risk Assessment

Risk Assessment
Author: Marvin Rausand
Publisher: John Wiley & Sons
Total Pages: 784
Release: 2020-03-31
Genre: Mathematics
ISBN: 1119377234

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Introduces risk assessment with key theories, proven methods, and state-of-the-art applications Risk Assessment: Theory, Methods, and Applications remains one of the few textbooks to address current risk analysis and risk assessment with an emphasis on the possibility of sudden, major accidents across various areas of practice—from machinery and manufacturing processes to nuclear power plants and transportation systems. Updated to align with ISO 31000 and other amended standards, this all-new 2nd Edition discusses the main ideas and techniques for assessing risk today. The book begins with an introduction of risk analysis, assessment, and management, and includes a new section on the history of risk analysis. It covers hazards and threats, how to measure and evaluate risk, and risk management. It also adds new sections on risk governance and risk-informed decision making; combining accident theories and criteria for evaluating data sources; and subjective probabilities. The risk assessment process is covered, as are how to establish context; planning and preparing; and identification, analysis, and evaluation of risk. Risk Assessment also offers new coverage of safe job analysis and semi-quantitative methods, and it discusses barrier management and HRA methods for offshore application. Finally, it looks at dynamic risk analysis, security and life-cycle use of risk. Serves as a practical and modern guide to the current applications of risk analysis and assessment, supports key standards, and supplements legislation related to risk analysis Updated and revised to align with ISO 31000 Risk Management and other new standards and includes new chapters on security, dynamic risk analysis, as well as life-cycle use of risk analysis Provides in-depth coverage on hazard identification, methodologically outlining the steps for use of checklists, conducting preliminary hazard analysis, and job safety analysis Presents new coverage on the history of risk analysis, criteria for evaluating data sources, risk-informed decision making, subjective probabilities, semi-quantitative methods, and barrier management Contains more applications and examples, new and revised problems throughout, and detailed appendices that outline key terms and acronyms Supplemented with a book companion website containing Solutions to problems, presentation material and an Instructor Manual Risk Assessment: Theory, Methods, and Applications, Second Edition is ideal for courses on risk analysis/risk assessment and systems engineering at the upper-undergraduate and graduate levels. It is also an excellent reference and resource for engineers, researchers, consultants, and practitioners who carry out risk assessment techniques in their everyday work.


Risk Analysis in Engineering

Risk Analysis in Engineering
Author: Mohammad Modarres
Publisher: CRC Press
Total Pages: 432
Release: 2006-01-13
Genre: Technology & Engineering
ISBN: 9781574447941

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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 part of the student and provides the necessary mathematical and engineering foundations. The text relies heavily on, but is not limited to, examples from the nuclear industry, because that is where PRA techniques were first developed. Since PRA provides a best-estimate approach, the author pays special attention to explaining uncertainty characterization. The book begins with a description of the basic definitions and principles of risk, safety, and performance and presents the elements of risk analysis and their applications in engineering. After highlighting the methods for performing PRAs, the author describes how to assess and measure performance of the building blocks of PRAs, such as reliability of hardware subsystems, structures, components, human actions, and software. He covers methods of characterizing uncertainties and methods for propagating them through the PRA model to estimate uncertainties of the results. The book explores how to identify and rank important and sensitive contributors to the estimated risk using the PRA and performance assessment models. It also includes a description of risk acceptance criteria and the formal methods for making decisions related to risk management options and strategies. The book concludes with a brief review of the main aspects, issues, and methods of risk communication. Drawing on notes, homework problems, and exams from courses he has taught as well as feedback from his students, Professor Modarres provides a from-the-trenches method for teaching risk assessment for engineers. This is a textbook that is easy to use for students and professors alike.


Risk Analysis and Scientific Method

Risk Analysis and Scientific Method
Author: Kristin Shrader-Frechette
Publisher: Springer Science & Business Media
Total Pages: 234
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 9400952414

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Much of the work in this volume was supported by the National Science Foundation under Grant SES82-05112 from the Program in History and Philosophy of Science and the Division of Policy Research and Analysis. (Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author and do not necessarily reflect the views of the National Science Foundation. ) Several of these essays were written because of the impetus afforded by speaking invitations. An earlier version of Chapter 3 was presented in Berkeley in January 1983 at a Principal Investi gators' Conference sponsored by the National Science Foundation, Division of Policy Research and Analysis, Technology Assessment and Risk Assessment Group. In May 1982, an earlier version of Chapter 5 was presented at the meeting of the Society for Philos ophy and Technology, held in conjunction with the American Philosophical Association meeting, Western Division, in Columbus, Ohio. Finally, earlier versions of Chapter 6 were presented in Boston in December 1981 at the Boston Colloquium for the Philosophy of Science, as well as at the University of Delaware in January 1982 and at the Biennial Meeting of the Philosophy of Science Association held in Philadelphia in October 1982. An earlier version of this same chapter was published in Philosophy of Science Association 82, volume 1, ed. T. Nickles, Philosophy of Science Association, East Lansing, Michigan, 1982. A number of people have helped to make this book better than it might have been.


Risk Assessment Methods

Risk Assessment Methods
Author: V.T. Covello
Publisher: Springer Science & Business Media
Total Pages: 326
Release: 2013-06-29
Genre: Technology & Engineering
ISBN: 1489912169

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Much has already been written about risk assessment. Epidemiologists write books on how risk assessment is used to explore the factors that influence the distribution of disease in populations of people. Toxicologists write books on how risk assess ment involves exposing animals to risk agents and concluding from the results what risks people might experience if similarly exposed. Engineers write books on how risk assessment is utilized to estimate the risks of constructing a new facility such as a nuclear power plant. Statisticians write books on how risk assessment may be used to analyze mortality or accident data to determine risks. There are already many books on risk assessment-the trouble is that they all seem to be about different sUbjects! This book takes another approach. It brings together all the methods for assessing risk into a common framework, thus demonstrating how the various methods relate to one another. This produces four important benefits: • First, it provides a comprehensive reference for risk assessment. This one source offers readers concise explanations of the many methods currently available for describing and quantifying diverse types of risks. • Second, it consistently evaluates and compares available risk assessment methods and identifies their specific strengths and limitations. Understand ing the limitations of risk assessment methods is important. The field is still in its infancy, and the problems with available methods are disappoint ingly numerous. At the same time, risk assessment is being used.


Managing Risk

Managing Risk
Author: Elaine M. Hall Ph.D.
Publisher: Pearson Education
Total Pages: 451
Release: 1998-02-05
Genre: Computers
ISBN: 0768684919

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"The increasing rate of technological change we are experiencing in our lifetime yields competitive advantage to organizations and individuals who are willing to embrace risk and the opportunities it presents. Those who choose to minimize or avoid risk, as opposed to managing it, set a course for obsolescence. Hall has captured the essence of risk management and given us a practical guide for the application of useful principles in software-intensive product development. This is must reading for public and private sector managers who want to succeed as we begin the next century." - Daniel P. Czelusniak, Director, Acquisition Program Integration Office of the Under Secretary of Defense (Acquisition and Technology) The Pentagon "Since it is more than just common sense, the newcomer to risk management needs an intelligent guide. It is in this role that Elaine Hall's book excels. This book provides a set of practical and well-delineated processes for implementation of the discipline." - Tom DeMarco, from the Foreword Risk is inherent in the development of any large software system. A common approach to risk in software development is to ignore it and hope that no serious problems occur. Leading software companies use quantitative risk management methods as a more useful approach to achieve success. Written for busy professionals charged with delivering high-quality products on time and within budget, Managing Risk is a comprehensive guide that describes a success formula for managing software risk. The book is divided into five parts that describe a risk management road map designed to take you from crisis to control of your software project. Highlights include: Six disciplines for managing product development. Steps to predictable risk-management process results. How to establish the infrastructure for a risk-aware culture. Methods for the implementation of a risk management plan. Case studies of people in crisis and in control.


Implementing a Best Practice Risk Assessment Methodology

Implementing a Best Practice Risk Assessment Methodology
Author: Eric Vanderburg
Publisher: GRIN Verlag
Total Pages: 43
Release: 2014-10-22
Genre: Business & Economics
ISBN: 3656820465

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Document from the year 2013 in the subject Business economics - Information Management, , language: English, abstract: Risk assessments play a critical role in the development and implementation of effective information security programs and help address a range of security related issues from advanced persistent threats to supply chain concerns. The results of risk assessments are used to develop specific courses of action that can provide effective response measures to the identified risks as part of a broad-based risk management process. The guidance provided here uses the key risk factors of threats, vulnerabilities, impact to missions and business operations, and the likelihood of threat exploitation of weaknesses in information systems and environments of operation, to help senior leaders and executives understand and assess the current information security risks to information technology infrastructure.


Security Management, Integrity, and Internal Control in Information Systems

Security Management, Integrity, and Internal Control in Information Systems
Author: Steve Furnell
Publisher: Springer Science & Business Media
Total Pages: 367
Release: 2005-11-29
Genre: Computers
ISBN: 0387298266

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This is the first joint working conference between the IFIP Working Groups 11. 1 and 11. 5. We hope this joint conference will promote collaboration among researchers who focus on the security management issues and those who are interested in integrity and control of information systems. Indeed, as management at any level may be increasingly held answerable for the reliable and secure operation of the information systems and services in their respective organizations in the same manner as they are for financial aspects of the enterprise, there is an increasing need for ensuring proper standards of integrity and control in information systems in order to ensure that data, software and, ultimately, the business processes are complete, adequate and valid for intended functionality and expectations of the owner (i. e. the user organization). As organizers, we would like to thank the members of the international program committee for their review work during the paper selection process. We would also like to thank the authors of the invited papers, who added valuable contribution to this first joint working conference. Paul Dowland X. Sean Wang December 2005 Contents Preface vii Session 1 - Security Standards Information Security Standards: Adoption Drivers (Invited Paper) 1 JEAN-NOEL EZINGEARD AND DAVID BIRCHALL Data Quality Dimensions for Information Systems Security: A Theorectical Exposition (Invited Paper) 21 GURVIRENDER TEJAY, GURPREET DHILLON, AND AMITA GOYAL CHIN From XML to RDF: Syntax, Semantics, Security, and Integrity (Invited Paper) 41 C. FARKAS, V. GowADiA, A. JAIN, AND D.


Risk Management Methods in the Aviation Enterprise

Risk Management Methods in the Aviation Enterprise
Author: Valery Dmitryevich Sharov
Publisher: Springer Nature
Total Pages: 214
Release: 2021-04-12
Genre: Technology & Engineering
ISBN: 9813360178

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This book provides a comprehensive content for professionals engaged in the development of flight safety regulatory framework, as well as in the design and operation of ground-based or on-board flight support radio electronic systems. It presents mathematical tools and methods of probabilistic theory, mathematical statistics and graph theory, along with some provisions of decision-making theory and multi-criteria analysis. This book helps as a good guide for those involved in aviation risk assessment and air traffic management.