A graduate level textbook on probabilistic risk analysis, aimed at statisticians, operations researchers and engineers.

Electrical Engineering Probabilistic Risk Assessment and Management for Engineers and Scientists Second Edition "State of the art in risk analysis...[this book] projects the technology into the next decade. Congratulations to the authors on a virtuoso performance." -Charles Donaghey, University of Houston "A very useful reference to the academic and government communities, and junior engineering staff within nuclear, chemical, transportation, aerospace, and other industries." -Yovan Lukic, Arizona Public Service Company As the demands of government agencies and insurance companies escalate, societal risk assessment and management become increasingly critical to the development and use of engineered systems in the full range of industrial installations. Packed with real-world examples and practical mathematical and statistical methods for large, complex systems, this definitive text and sourcebook gives you the guidance you need for thorough and conclusive study. You'll find new and updated coverage of all the key topics related to risk analysis: * Probabilistic nature of risk * Qualitative and quantitative risk assessments * System decomposition * Legal and regulatory risks * And much more! The authors also provide end-of-chapter problems and a course outline. Complete with a new, automated, fault tree synthesis method using semantic networks. Probabilistic Risk Assessment and Management for Engineers and Scientists, Second Edition will be of value to anyone working with engineered systems. Also of Interest from IEEE Press... Successful Patents and Patenting for Engineers and Scientists edited by Michael A. Lechter, Esq. 1995 Softcover 432 pp IEEE Order No. PP4478 ISBN 0-7803-1086-1 Metric Units and Conversion Charts A Metrication Handbook for Engineers, Technologists, and Scientists Second Edition Theodore Wildi 1995 Softcover 144 pp IEEE Order No. PP4044 ISBN 0-7803-1050-0 The Probability Tutoring Book An Intuitive Course for Engineers and Scientists (And Everyone Else!) Carol Ash 1993 Softcover 480 pp IEEE Order No. PP2881 ISBN 0-7803-1051-9

Probabilistic risk and hazard assessments are applied to a wide range of engineering systems, mainly for regulatory reasons needed for development consent, system certification and occupational health and safety issues. The purpose of this book is to raise awareness of the limitations, uncertainties and other issues inherent in probabilistic risk analysis procedures. Probabilistic Risk Assessment of Engineering Systems describes: the importance of probabilistic risk assessment in decision making, i.e. risk management; types of risk and probabilistic risk analysis procedures; data needed for the conduct of probabilistic risk analysis; and acceptable/tolerable risk and other risk acceptance criteria. In essence, the book provides a multi-disciplinary and integrated explanation of risk assessment procedures that will enable the non-specialist reader to gain valuable insights into the development of risk analysis procedures. Practising engineers and graduate engineering students across a range of disciplines will find this book immensely useful.

This book proposes a new approach to dynamic and online risk assessment of automated and autonomous marine systems, taking into account different environmental and operational conditions. The book presents lessons learnt from dynamic positioning incidents and accidents, and discusses the challenges of risk assessment of complex systems. The book begins by introducing dynamic and online risk assessment, before presenting automated and autonomous marine systems, as well as numerous dynamic positioning incidents. It then discusses human interactions with technology and explores how to quantify human error. Dynamic probabilistic risk assessment and online risk assessment are both considered fully, including case studies with the application of assisting operators in decision making in emergency situations. Finally, areas for future research are suggested. This practical volume offers tools and methodologies to help operators make better decisions and improve the safety of automated and autonomous marine systems. It provides a guideline for researchers and practitioners to perform dynamic probabilistic and online risk assessment, which also should be applicable to other complex systems outside the marine and maritime domain, such as nuclear power plants, chemical processes, autonomous transport systems, and space shuttles.

This book is a methodological approach to the goal-based safety design procedure that will soon be an international requirement. This is the first single volume book to describe how to satisfy safety goals by modern reliability engineering. Its focus is on the quantitative aspects of the international standards using a methodological approach. Case studies illustrate the methodologies presented.

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

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.

The March 11, 2011, Great East Japan Earthquake and tsunami sparked a humanitarian disaster in northeastern Japan. They were responsible for more than 15,900 deaths and 2,600 missing persons as well as physical infrastructure damages exceeding $200 billion. The earthquake and tsunami also initiated a severe nuclear accident at the Fukushima Daiichi Nuclear Power Station. Three of the six reactors at the plant sustained severe core damage and released hydrogen and radioactive materials. Explosion of the released hydrogen damaged three reactor buildings and impeded onsite emergency response efforts. The accident prompted widespread evacuations of local populations, large economic losses, and the eventual shutdown of all nuclear power plants in Japan. "Lessons Learned from the Fukushima Nuclear Accident for Improving Safety and Security of U.S. Nuclear Plants" is a study of the Fukushima Daiichi accident. This report examines the causes of the crisis, the performance of safety systems at the plant, and the responses of its operators following the earthquake and tsunami. The report then considers the lessons that can be learned and their implications for U.S. safety and storage of spent nuclear fuel and high-level waste, commercial nuclear reactor safety and security regulations, and design improvements. "Lessons Learned" makes recommendations to improve plant systems, resources, and operator training to enable effective ad hoc responses to severe accidents. This report's recommendations to incorporate modern risk concepts into safety regulations and improve the nuclear safety culture will help the industry prepare for events that could challenge the design of plant structures and lead to a loss of critical safety functions. In providing a broad-scope, high-level examination of the accident, "Lessons Learned" is meant to complement earlier evaluations by industry and regulators. This in-depth review will be an essential resource for the nuclear power industry, policy makers, and anyone interested in the state of U.S. preparedness and response in the face of crisis situations.

As the demands of government agencies and insurance companies escalate, societal risk assessment and management become increasingly critical to the development and use of engineered systems in the full range of industrial installations.

Exciting new developments in risk assessment and management Risk assessment and management is fundamentally founded on the knowledge available on the system or process under consideration. While this may be self-evident to the laymen, thought leaders within the risk community have come to recognize and emphasize the need to explicitly incorporate knowledge (K) in a systematic, rigorous, and transparent framework for describing and modeling risk. Featuring contributions by an international team of researchers and respected practitioners in the field, this book explores the latest developments in the ongoing effort to use risk assessment as a means for characterizing knowledge and/or lack of knowledge about a system or process of interest. By offering a fresh perspective on risk assessment and management, the book represents a significant contribution to the development of a sturdier foundation for the practice of risk assessment and for risk-informed decision making. How should K be described and evaluated in risk assessment? How can it be reflected and taken into account in formulating risk management strategies? With the help of numerous case studies and real-world examples, this book answers these and other critical questions at the heart of modern risk assessment, while identifying many practical challenges associated with this explicit framework. This book, written by international scholars and leaders in the field, and edited to make coverage both conceptually advanced and highly accessible: Offers a systematic, rigorous and transparent perspective and framework on risk assessment and management, explicitly strengthening the links between knowledge and risk Clearly and concisely introduces the key risk concepts at the foundation of risk assessment and management Features numerous cases and real-world examples, many of which focused on various engineering applications across an array of industries Knowledge of Risk Assessment and Management is a must-read for risk assessment and management professionals, as well as graduate students, researchers and educators in the field. It is also of interest to policy makers and business people who are eager to gain a better understanding of the foundations and boundaries of risk assessment, and how its outcomes should be used for decision-making.