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Risk Based Reliability Analysis And Generic Principles For Risk Reduction
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Book Synopsis Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by : Michael T. Todinov
Download or read book Risk-Based Reliability Analysis and Generic Principles for Risk Reduction written by Michael T. Todinov and published by Elsevier. This book was released on 2006-11-03 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Methods for Reliability Improvement and Risk Reduction by : Michael Todinov
Download or read book Methods for Reliability Improvement and Risk Reduction written by Michael Todinov and published by John Wiley & Sons. This book was released on 2018-10-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Principles of Risk-Based Decision Making by : In c. ABS Consulting
Download or read book Principles of Risk-Based Decision Making written by In c. ABS Consulting and published by Government Institutes. This book was released on 2002-02-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis IoT Supply Chain Security Risk Analysis and Mitigation by : Timothy Kieras
Download or read book IoT Supply Chain Security Risk Analysis and Mitigation written by Timothy Kieras and published by Springer Nature. This book was released on 2022-09-05 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Handbook of Seismic Risk Analysis and Management of Civil Infrastructure Systems by : S Tesfamariam
Download or read book Handbook of Seismic Risk Analysis and Management of Civil Infrastructure Systems written by S Tesfamariam and published by Elsevier. This book was released on 2013-04-30 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Foundations of Quality Risk Management by : Jayet Moon
Download or read book Foundations of Quality Risk Management written by Jayet Moon and published by Quality Press. This book was released on 2022-10-22 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Offshore Risk Assessment by : Jan-Erik Vinnem
Download or read book Offshore Risk Assessment written by Jan-Erik Vinnem and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures by : George Deodatis
Download or read book Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures written by George Deodatis and published by CRC Press. This book was released on 2014-02-10 with total page 1112 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Implementing Environmental and Resource Management by : Michael Schmidt
Download or read book Implementing Environmental and Resource Management written by Michael Schmidt and published by Springer Science & Business Media. This book was released on 2011-05-13 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Reliability and Risk Models by : Michael Todinov
Download or read book Reliability and Risk Models written by Michael Todinov and published by John Wiley & Sons. This book was released on 2015-11-09 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensively updated and reorganized new edition. The updates include comparative methods for improving reliability; methods for optimal allocation of limited resources to achieve a maximum risk reduction; methods for improving reliability at no extra cost and building reliability networks for engineering systems. Includes: A unique set of 46 generic principles for reducing technical risk Monte Carlo simulation algorithms for improving reliability and reducing risk Methods for setting reliability requirements based on the cost of failure New reliability measures based on a minimal separation of random events on a time interval Overstress reliability integral for determining the time to failure caused by overstress failure modes A powerful equation for determining the probability of failure controlled by defects in loaded components with complex shape Comparative methods for improving reliability which do not require reliability data Optimal allocation of limited resources to achieve a maximum risk reduction Improving system reliability based solely on a permutation of interchangeable components
Book Synopsis Enterprise Risk Management by : Terje Aven
Download or read book Enterprise Risk Management written by Terje Aven and published by Routledge. This book was released on 2019-12-06 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Risk Analysis VI written by C. A. Brebbia and published by WIT Press. This book was released on 2008 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering a series of important topics which are of current research interest and have practical applications, this book examines all aspects of risk analysis and hazard mitigation, ranging from specific assessment of risk to mitigation associated with both natural and anthropogenic hazards.
Book Synopsis Reliability Engineering and Risk Analysis by : Mohammad Modarres
Download or read book Reliability Engineering and Risk Analysis written by Mohammad Modarres and published by CRC Press. This book was released on 2009-09-22 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Management Association, Information Resources Publisher :IGI Global ISBN 13 :1466619465 Total Pages :1823 pages Book Rating :4.4/5 (666 download)
Book Synopsis Industrial Engineering: Concepts, Methodologies, Tools, and Applications by : Management Association, Information Resources
Download or read book Industrial Engineering: Concepts, Methodologies, Tools, and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2012-08-31 with total page 1823 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial engineering affects all levels of society, with innovations in manufacturing and other forms of engineering oftentimes spawning cultural or educational shifts along with new technologies. Industrial Engineering: Concepts, Methodologies, Tools, and Applications serves as a vital compendium of research, detailing the latest research, theories, and case studies on industrial engineering. Bringing together contributions from authors around the world, this three-volume collection represents the most sophisticated research and developments from the field of industrial engineering and will prove a valuable resource for researchers, academics, and practitioners alike.
Book Synopsis Risk-Based Management by : Richard B. Jones
Download or read book Risk-Based Management written by Richard B. Jones and published by Routledge. This book was released on 2012-08-21 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Methods for Reliability Improvement and Risk Reduction by : Michael Todinov
Download or read book Methods for Reliability Improvement and Risk Reduction written by Michael Todinov and published by John Wiley & Sons. This book was released on 2018-10-16 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Design Solutions and Innovations in Temporary Structures by : Beale, Robert
Download or read book Design Solutions and Innovations in Temporary Structures written by Beale, Robert and published by IGI Global. This book was released on 2017-02-07 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Temporary structures are a vital but often overlooked component in the success of any construction project. With the assistance of modern technology, design and operation procedures in this area have undergone significant enhancements in recent years. Design Solutions and Innovations in Temporary Structures is a comprehensive source of academic research on the latest methods, practices, and analyses for effective and safe temporary structures. Including perspectives on numerous relevant topics, such as safety considerations, quality management, and structural analysis, this book is ideally designed for engineers, professionals, academics, researchers, and practitioners actively involved in the construction industry.
