Risk Analysis Of Complex And Uncertain Systems

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Risk Analysis of Complex and Uncertain Systems

Author : Louis Anthony Cox Jr.
Publisher : Springer Science & Business Media
ISBN 13 : 0387890149
Total Pages : 457 pages
Book Rating : 4.3/5 (878 download)

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Book Synopsis Risk Analysis of Complex and Uncertain Systems by : Louis Anthony Cox Jr.

Download or read book Risk Analysis of Complex and Uncertain Systems written by Louis Anthony Cox Jr. and published by Springer Science & Business Media. This book was released on 2009-06-12 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Risk Analysis of Complex and Uncertain Systems acknowledged risk authority Tony Cox shows all risk practitioners how Quantitative Risk Assessment (QRA) can be used to improve risk management decisions and policies. It develops and illustrates QRA methods for complex and uncertain biological, engineering, and social systems – systems that have behaviors that are just too complex to be modeled accurately in detail with high confidence – and shows how they can be applied to applications including assessing and managing risks from chemical carcinogens, antibiotic resistance, mad cow disease, terrorist attacks, and accidental or deliberate failures in telecommunications network infrastructure. This book was written for a broad range of practitioners, including decision risk analysts, operations researchers and management scientists, quantitative policy analysts, economists, health and safety risk assessors, engineers, and modelers.

Uncertainty in Risk Assessment

Author : Terje Aven
Publisher : John Wiley & Sons
ISBN 13 : 1118763068
Total Pages : 152 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Uncertainty in Risk Assessment by : Terje Aven

Download or read book Uncertainty in Risk Assessment written by Terje Aven and published by John Wiley & Sons. This book was released on 2013-12-17 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores methods for the representation and treatment of uncertainty in risk assessment In providing guidance for practical decision-making situations concerning high-consequence technologies (e.g., nuclear, oil and gas, transport, etc.), the theories and methods studied in Uncertainty in Risk Assessment have wide-ranging applications from engineering and medicine to environmental impacts and natural disasters, security, and financial risk management. The main focus, however, is on engineering applications. While requiring some fundamental background in risk assessment, as well as a basic knowledge of probability theory and statistics, Uncertainty in Risk Assessment can be read profitably by a broad audience of professionals in the field, including researchers and graduate students on courses within risk analysis, statistics, engineering, and the physical sciences. Uncertainty in Risk Assessment: Illustrates the need for seeing beyond probability to represent uncertainties in risk assessment contexts. Provides simple explanations (supported by straightforward numerical examples) of the meaning of different types of probabilities, including interval probabilities, and the fundamentals of possibility theory and evidence theory. Offers guidance on when to use probability and when to use an alternative representation of uncertainty. Presents and discusses methods for the representation and characterization of uncertainty in risk assessment. Uses examples to clearly illustrate ideas and concepts.

Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management

Author : Jim W. Hall
Publisher :
ISBN 13 : 9780784413609
Total Pages : 0 pages
Book Rating : 4.4/5 (136 download)

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Book Synopsis Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management by : Jim W. Hall

Download or read book Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management written by Jim W. Hall and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings of the Second International Conference on Vulnerability and Risk Analysis and Management (ICVRAM) and the Sixth International Symposium on Uncertainty Modeling and Analysis (ISUMA), held in Liverpool, UK, July 13-16, 2014. Sponsored by the Institute for Risk and Uncertainty and the Virtual Engineering Centre of the University of Liverpool, the Environmental Change Institute of the University of Oxford, and the Council on Disaster Risk Management of ASCE. Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management, CDRM 9, contains 290 peer-reviewed papers that build upon recent significant advances in the quantification, mitigation, and management of risk and uncertainty. These papers focus on decision making and multi-disciplinary developments to address the demands and challenges evolving from the rapidly growing complexity of real-world problems. Topics include: risk assessment and management of critical infrastructure projects; performance-based and reliability-based structural optimization under uncertainty; verified and stochastic approaches to modeling and simulation under uncertainty; risk management for floods, tsunamis, earthquakes, and other natural hazards; risk and uncertainty modeling in transportation and logistics; and geotechnical risk, uncertainty, and decision making. These papers will be valuable to experts, decision-makers, and others involved in assessing, planning responses to, and managing vulnerability and risk.

Science and Judgment in Risk Assessment

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 030904894X
Total Pages : 668 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Science and Judgment in Risk Assessment by : National Research Council

Download or read book Science and Judgment in Risk Assessment written by National Research Council and published by National Academies Press. This book was released on 1994-01-01 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.

Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution Network Reliability

Author : Xiangping Meng
Publisher : Elsevier
ISBN 13 : 0128039582
Total Pages : 352 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution Network Reliability by : Xiangping Meng

Download or read book Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution Network Reliability written by Xiangping Meng and published by Elsevier. This book was released on 2015-11-12 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution and Network Reliability discusses the important topics revolving around the control of complex uncertain systems using the intelligent coordination control mechanism, a topic that has become the research focus of current control and computer fields. The book provides theoretical guidance for power distribution network reliability analysis, focusing on practical problems and algorithms within the field. Provides effective solutions for complex control systems Presents theoretical guidance for power distribution network reliability analysis Focuses on practical problems and algorithms

Principles of Risk Analysis

Author : Charles Yoe
Publisher : CRC Press
ISBN 13 : 0429667612
Total Pages : 816 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Principles of Risk Analysis by : Charles Yoe

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.

Advanced Risk Analysis in Engineering Enterprise Systems

Author : Cesar Ariel Pinto
Publisher : CRC Press
ISBN 13 : 1000755657
Total Pages : 467 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Advanced Risk Analysis in Engineering Enterprise Systems by : Cesar Ariel Pinto

Download or read book Advanced Risk Analysis in Engineering Enterprise Systems written by Cesar Ariel Pinto and published by CRC Press. This book was released on 2016-04-19 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the emerging discipline of engineering enterprise systems extends traditional systems engineering to develop webs of systems and systems-of-systems, the engineering management and management science communities need new approaches for analyzing and managing risk in engineering enterprise systems. Advanced Risk Analysis in Engineering Enterpri

Literature review of methods for representing uncertainty

Author : Enrico Zio
Publisher : FonCSI
ISBN 13 :
Total Pages : 61 pages
Book Rating : 4./5 ( download)

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Book Synopsis Literature review of methods for representing uncertainty by : Enrico Zio

Download or read book Literature review of methods for representing uncertainty written by Enrico Zio and published by FonCSI. This book was released on 2013-03-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document provides a critical review of different frameworks for uncertainty analysis, in a risk analysis context : classical probabilistic analysis, imprecise probability (interval analysis), probability bound analysis, evidence theory, and possibility theory. The driver of the critical analysis is the decision-making process and the need to feed it with representative information derived from the risk assessment, to robustly support the decision. Technical details of the different frameworks are exposed only to the extent necessary to analyze and judge how these contribute to the communication of risk and the representation of the associated uncertainties to decision-makers, in the typical settings of high-consequence risk analysis of complex systems with limited knowledge on their behaviour.

Safety and Reliability – Safe Societies in a Changing World

Author : Stein Haugen
Publisher : CRC Press
ISBN 13 : 1351174657
Total Pages : 3202 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Safety and Reliability – Safe Societies in a Changing World by : Stein Haugen

Download or read book Safety and Reliability – Safe Societies in a Changing World written by Stein Haugen and published by CRC Press. This book was released on 2018-06-15 with total page 3202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety and Reliability – Safe Societies in a Changing World collects the papers presented at the 28th European Safety and Reliability Conference, ESREL 2018 in Trondheim, Norway, June 17-21, 2018. The contributions cover a wide range of methodologies and application areas for safety and reliability that contribute to safe societies in a changing world. These methodologies and applications include: - foundations of risk and reliability assessment and management - mathematical methods in reliability and safety - risk assessment - risk management - system reliability - uncertainty analysis - digitalization and big data - prognostics and system health management - occupational safety - accident and incident modeling - maintenance modeling and applications - simulation for safety and reliability analysis - dynamic risk and barrier management - organizational factors and safety culture - human factors and human reliability - resilience engineering - structural reliability - natural hazards - security - economic analysis in risk management Safety and Reliability – Safe Societies in a Changing World will be invaluable to academics and professionals working in a wide range of industrial and governmental sectors: offshore oil and gas, nuclear engineering, aeronautics and aerospace, marine transport and engineering, railways, road transport, automotive engineering, civil engineering, critical infrastructures, electrical and electronic engineering, energy production and distribution, environmental engineering, information technology and telecommunications, insurance and finance, manufacturing, marine transport, mechanical engineering, security and protection, and policy making.

Improving Risk Analysis

Author : Louis Anthony Cox Jr.
Publisher : Springer Science & Business Media
ISBN 13 : 1461460581
Total Pages : 403 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Improving Risk Analysis by : Louis Anthony Cox Jr.

Download or read book Improving Risk Analysis written by Louis Anthony Cox Jr. and published by Springer Science & Business Media. This book was released on 2013-02-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improving Risk Analysis shows how to better assess and manage uncertain risks when the consequences of alternative actions are in doubt. The constructive methods of causal analysis and risk modeling presented in this monograph will enable to better understand uncertain risks and decide how to manage them. The book is divided into three parts. Parts 1 shows how high-quality risk analysis can improve the clarity and effectiveness of individual, community, and enterprise decisions when the consequences of different choices are uncertain. Part 2 discusses social decisions. Part 3 illustrates these methods and models, showing how to apply them to health effects of particulate air pollution. "Tony Cox’s new book addresses what risk analysts and policy makers most need to know: How to find out what causes what, and how to quantify the practical differences that changes in risk management practices would make. The constructive methods in Improving Risk Analysis will be invaluable in helping practitioners to deliver more useful insights to inform high-stakes decisions and policy,in areas ranging from disaster planning to counter-terrorism investments to enterprise risk management to air pollution abatement policies. Better risk management is possible and practicable; Improving Risk Analysis explains how." Elisabeth Pate-Cornell, Stanford University "Improving Risk Analysis offers crucial advice for moving policy-relevant risk analyses towards more defensible, causally-based methods. Tony Cox draws on his extensive experience to offer sound advice and insights that will be invaluable to both policy makers and analysts in strengthening the foundations for important risk analyses. This much-needed book should be required reading for policy makers and policy analysts confronting uncertain risks and seeking more trustworthy risk analyses." Seth Guikema, Johns Hopkins University "Tony Cox has been a trail blazer in quantitative risk analysis, and his new book gives readers the knowledge and tools needed to cut through the complexity and advocacy inherent in risk analysis. Cox’s careful exposition is detailed and thorough, yet accessible to non-technical readers interested in understanding uncertain risks and the outcomes associated with different mitigation actions. Improving Risk Analysis should be required reading for public officials responsible for making policy decisions about how best to protect public health and safety in an uncertain world." Susan E. Dudley, George Washington University

Complex Sport Analytics

Author : Felix Lebed
Publisher : Taylor & Francis
ISBN 13 : 1317434765
Total Pages : 298 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Complex Sport Analytics by : Felix Lebed

Download or read book Complex Sport Analytics written by Felix Lebed and published by Taylor & Francis. This book was released on 2017-05-12 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to combine principles from analytics, complex systems theory, multi-disciplinary diagnostics and sport performance analysis. It considers athletes, teams, and sport organizations in individual and team games as complex systems, and demonstrates how complexity studies can enrich analytics and give us a more sophisticated understanding of the causalities of winning and losing in sports. Part I introduces the basic categories of analytics and their uses in elite sport. Part II presents an original conception of sport analytics both as a complex of different kinds of processes and as a complexity-adapted view of human systems acting in sport performance and management. Part III considers the main principles of complex sport analytics, expanding the prism of complexity to include all levels of a sport organization from athletes, coaches and trainers to top decision makers, and suggests practical applications and simulations for cases of both individual and team sports. This is illuminating reading for any advanced student, researcher or practitioner working in sport analytics, performance analysis, coaching science or sport management.

Primer on Risk Analysis

Author : Charles Yoe
Publisher : CRC Press
ISBN 13 : 0429667590
Total Pages : 306 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Primer on Risk Analysis by : Charles Yoe

Download or read book Primer on Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2019-01-18 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primer on Risk Analysis: Decision Making Under Uncertainty, Second Edition lays out the tasks of risk analysis in a straightforward, conceptual manner, tackling the question, "What is risk analysis?" Distilling the common principles of many risk dialects into serviceable definitions, it provides a foundation for the practice of risk management and decision making under uncertainty for professionals from all disciplines. New in this edition is an expanded risk management emphasis that includes an overview chapter on enterprise risk management and a chapter on decision making under uncertainty designed to help decision makers use the results of risk analysis in practical ways to improve decisions and their outcomes. This book will empower you to enter the world of risk management in your own domain of expertise by providing you with practical, insightful, useful and adaptable knowledge of risk analysis science including risk management, risk assessment, and risk communication. Features: Answers the fundamental question, "What is Risk Analysis?" Presents the tasks of risk management, risk assessment, and risk communication in a straightforward, conceptual manner Responds to the continuing evolution of risk science and addresses the language of risk as it continues to evolve 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 Includes a new chapter on decision making under uncertainty provides practical guidance and ideas for using risk science to improve decisions and their outcomes Features an expanded set of examples of the risk process that demonstrate the growing applications of risk analysis This book is suitable for executives, professionals and students who seek a fundamental understanding of risk management, risk assessment, and risk communication. A more detailed examination of this topic, suitable for practitioners from any discipline as well as students and professionals who aspire to become experts in the practice of risk analysis science, is found in Principles of Risk Analysis: Decision Making Under Uncertainty, Second Edition, ISBN: 978-1-138-47820-6.

Uncertainty in Risk Assessment, Risk Management, and Decision Making

Author : V.T. Covello
Publisher : Springer Science & Business Media
ISBN 13 : 1468453173
Total Pages : 523 pages
Book Rating : 4.4/5 (684 download)

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Book Synopsis Uncertainty in Risk Assessment, Risk Management, and Decision Making by : V.T. Covello

Download or read book Uncertainty in Risk Assessment, Risk Management, and Decision Making written by V.T. Covello and published by Springer Science & Business Media. This book was released on 2013-03-08 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of this volume--uncertainties in risk assessment and management--reflects an important theme in health, safety, and environ mental decision making. MOst technological hazards are characterized by substantial uncertainty. Recent examples include nuclear waste disposal, acid rain, asbestos in schools, carcinogens in food, and hazardous waste. realing with such uncertainty is arguably the most difficult and challeng ing task facing risk assessors and managers today. Four primary sources of uncertainty in risk assessment and management can be identified: (1) uncertainties about definitions; (2) uncertainties about scientific facts; (3) uncertainties about risk perceptions and atti tudes; and (4) uncertainties about values. Uncertainties about definitions derive primarily from disagreements about the meaning and interpretation of key concepts, such as probability. Uncertainties about scientific facts derive primarily from disagreements about failure modes, the probability and magnitude of adverse health or environmental consequences, cause and effect relationships, dose-response relationships, and exposure patterns. Uncertainties about risk perceptions and attitudes derive primarily from disagreements about what constitutes a significant or acceptable level of risk. Uncertainties about values derive primarily from disagreements about the desirability or worth of alternative risk management actions or conse quences. The papers in this volume address each of these sources of uncertainty from a variety of perspectives. Reflecting the broad scope of risk assess ment and risk management research, the papers include contributions from safety engineers, epidemiologists, toxicologists, chemists, biostatisticians, biologists, decision analysts, economists, psychologists, political scien tists, sociologists, ethicists, and lawyers.

Risk, Uncertainty and Profit

Author : Frank H. Knight
Publisher : Cosimo, Inc.
ISBN 13 : 1602060053
Total Pages : 401 pages
Book Rating : 4.6/5 (2 download)

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Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight

Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Interactive Granular Computations in Networks and Systems Engineering: A Practical Perspective

Author : Andrzej Jankowski
Publisher : Springer
ISBN 13 : 3319576275
Total Pages : 654 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Interactive Granular Computations in Networks and Systems Engineering: A Practical Perspective by : Andrzej Jankowski

Download or read book Interactive Granular Computations in Networks and Systems Engineering: A Practical Perspective written by Andrzej Jankowski and published by Springer. This book was released on 2017-06-25 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book outlines selected projects conducted under the supervision of the author. Moreover, it discusses significant relations between Interactive Granular Computing (IGrC) and numerous dynamically developing scientific domains worldwide, along with features characteristic of the author’s approach to IGrC. The results presented are a continuation and elaboration of various aspects of Wisdom Technology, initiated and developed in cooperation with Professor Andrzej Skowron. Based on the empirical findings from these projects, the author explores the following areas: (a) understanding the causes of the theory and practice gap problem (TPGP) in complex systems engineering (CSE); (b) generalizing computing models of complex adaptive systems (CAS) (in particular, natural computing models) by constructing an interactive granular computing (IGrC) model of networks of interrelated interacting complex granules (c-granules), belonging to a single agent and/or to a group of agents; (c) developing methodologies based on the IGrC model to minimize the negative consequences of the TPGP. The book introduces approaches to the above issues, using the proposed IGrC model. In particular, the IGrC model refers to the key mechanisms used to control the processes related to the implementation of CSE projects. One of the main aims was to develop a mechanism of IGrC control over computations that model a project’s implementation processes to maximize the chances of its success, while at the same time minimizing the emerging risks. In this regard, the IGrC control is usually performed by means of properly selected and enforced (among project participants) project principles. These principles constitute examples of c-granules, expressed by complex vague concepts (represented by c-granules too). The c-granules evolve with time (in particular, the meaning of the concepts is also subject of change). This methodology is illustrated using project principles applied by the author during the implementation of the POLTAX, AlgoTradix, Merix, and Excavio projects outlined in the book.

Risk Modeling, Assessment, and Management

Author : Yacov Y. Haimes
Publisher : John Wiley & Sons
ISBN 13 : 111901798X
Total Pages : 714 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis Risk Modeling, Assessment, and Management by : Yacov Y. Haimes

Download or read book Risk Modeling, Assessment, and Management written by Yacov Y. Haimes and published by John Wiley & Sons. This book was released on 2015-08-03 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management This book examines risk analysis, focusing on quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) as well as advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk impact analysis method; guiding principles in risk analysis); avoids higher mathematics whenever possible; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research. The fourth edition of Risk Modeling, Assessment, and Management features: Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer’s Dilemma formulated and solved using a deterministic linear model Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems A new companion website with over 200 solved exercises that feature risk analysis theories, methodologies, and application Risk Modeling, Assessment, and Management, Fourth Edition, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.

Reliability and Risk Analysis in Engineering and Medicine

Author : Chandrasekhar Putcha
Publisher : Springer Nature
ISBN 13 : 3030804542
Total Pages : 138 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Reliability and Risk Analysis in Engineering and Medicine by : Chandrasekhar Putcha

Download or read book Reliability and Risk Analysis in Engineering and Medicine written by Chandrasekhar Putcha and published by Springer Nature. This book was released on 2021-11-19 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This graduate textbook imparts the fundamentals of reliability and risk that can be connected mathematically and applied to problems in engineering and medical science and practice. The book is divided into eight chapters, the first three of which deal with basic fundamentals of probability theory and reliability methods. The fourth chapter illustrates simulation methods needed to solve complex problems. Chapters 5-7 explain reliability codes and system reliability (which uses the component reliabilities discussed in previous chapters). The book concludes in chapter 8 with an examination of applications of reliability within engineering and medical fields. Presenting a highly relevant competency for graduates entering product research and development, or facilities operations sectors, this text includes many examples and end of chapter study questions to maximize student comprehension. Explains concepts of reliability and risk estimation techniques in the context of medicine and engineering; Elucidates the interplay between reliability and risk from design to operation phases; Uses real world examples from engineering structures and medical devices and protocols; Adopts a lucid yet rigorous presentation of reliability and risk calculations; Reinforces students understanding of concepts covered with end-of-chapter exercises.