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Safety And Risk Modeling And Its Applications
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Book Synopsis Safety and Risk Modeling and Its Applications by : Hoang Pham
Download or read book Safety and Risk Modeling and Its Applications written by Hoang Pham and published by Springer Science & Business Media. This book was released on 2011-09-08 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety and Risk Modeling presents the latest theories and methods of safety and risk with an emphasis on safety and risk in modeling. It covers applications in several areas including transportations and security risk assessments, as well as applications related to current topics in safety and risk. Safety and Risk Modeling is a valuable resource for understanding the latest developments in both qualitative and quantitative methods of safety and risk analysis and their applications in operating environments. Each chapter has been written by active researchers or experienced practitioners to bridge the gap between theory and practice and to trigger new research challenges in safety and risk. Topics include: safety engineering, system maintenance, safety in design, failure analysis, and risk concept and modelling. Postgraduate students, researchers, and practitioners in many fields of engineering, operations research, management, and statistics will find Safety and Risk Modeling a state-of-the-art survey of reliability and quality in design and practice.
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 2005-02-04 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated and timely new look at the theory and practice of risk management Since the first edition of Risk Modeling, Assessment, and Management was published, public interest in the field of risk analysis has grown astronomically. Its adaptation across many disciplines and its deployment by industry and government agencies in decision making has led to an unprecedented development of new theory, methodology, and practical tools. The Second Edition of this well-regarded reference describes the state of the art of risk management and its important applications in such areas as engineering, science, manufacturing, business, management, and public policy. The author strikes a balance between the quantitative and the qualitative aspects of risk management, showing clearly how to quantify risk and construct probability in conjunction with real-world decision-making problems. At the same time, he addresses a host of institutional, organizational, political, and cultural considerations. Incorporating real-world examples and case studies to illustrate the analytical methods under discussion, the book presents basic concepts as well as advanced material, avoiding higher mathematics whenever possible. Some key revisions to the Second Edition include: * A completely updated format with many new examples and problems * A new chapter on Risks of Terrorism, including case studies in transportation, water supply, infrastructure interdependencies, food safety, and a National Research Council report on terrorism * A new chapter on Risk Filtering, Ranking, and Management (RFRM), a technology co-developed by the author and supported by several case studies and examples * A new focus on minimizing the high cost associated with today's more extensive risk management Examining timely, multidisciplinary practical applications, this new edition offers an important resource for industry professionals as well as advanced graduate students in systems engineering.
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 2011-09-20 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines timely multidisciplinary applications, problems, and case histories in risk modeling, assessment, and management Risk Modeling, Assessment, and Management, Third Edition describes the state of the art of risk analysis, a rapidly growing field with important applications in engineering, science, manufacturing, business, homeland security, management, and public policy. Unlike any other text on the subject, this definitive work applies the art and science of risk analysis to current and emergent engineering and socioeconomic problems. It clearly demonstrates how to quantify risk and construct probabilities for real-world decision-making problems, including a host of institutional, organizational, and political issues. Avoiding higher mathematics whenever possible, this important new edition presents basic concepts as well as advanced material. It incorporates numerous examples and case studies to illustrate the analytical methods under discussion and features restructured and updated chapters, as well as: A new chapter applying systems-driven and risk-based analysis to a variety of Homeland Security issues An accompanying FTP site—developed with Professor Joost Santos—that offers 150 example problems with an Instructor's Solution Manual and case studies from a variety of journals Case studies on the 9/11 attack and Hurricane Katrina An adaptive multiplayer Hierarchical Holographic Modeling (HHM) game added to Chapter Three This is an indispensable resource for academic, industry, and government professionals in such diverse areas as homeland and cyber security, healthcare, the environment, physical infrastructure systems, engineering, business, and more. It is also a valuable textbook for both undergraduate and graduate students in systems engineering and systems management courses with a focus on our uncertain world.
Book Synopsis Credit Risk Modeling by : David Lando
Download or read book Credit Risk Modeling written by David Lando and published by Princeton University Press. This book was released on 2009-12-13 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit risk is today one of the most intensely studied topics in quantitative finance. This book provides an introduction and overview for readers who seek an up-to-date reference to the central problems of the field and to the tools currently used to analyze them. The book is aimed at researchers and students in finance, at quantitative analysts in banks and other financial institutions, and at regulators interested in the modeling aspects of credit risk. David Lando considers the two broad approaches to credit risk analysis: that based on classical option pricing models on the one hand, and on a direct modeling of the default probability of issuers on the other. He offers insights that can be drawn from each approach and demonstrates that the distinction between the two approaches is not at all clear-cut. The book strikes a fruitful balance between quickly presenting the basic ideas of the models and offering enough detail so readers can derive and implement the models themselves. The discussion of the models and their limitations and five technical appendixes help readers expand and generalize the models themselves or to understand existing generalizations. The book emphasizes models for pricing as well as statistical techniques for estimating their parameters. Applications include rating-based modeling, modeling of dependent defaults, swap- and corporate-yield curve dynamics, credit default swaps, and collateralized debt obligations.
Book Synopsis Safety and Reliability Modeling and Its Applications by : Mangey Ram
Download or read book Safety and Reliability Modeling and Its Applications written by Mangey Ram and published by Elsevier. This book was released on 2021-08-15 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety and Reliability Modeling and Its Applications combines work by leading researchers in engineering, statistics and mathematics who provide innovative methods and solutions for this fast-moving field. Safety and reliability analysis is one of the most multidimensional topics in engineering today. Its rapid development has created many opportunities and challenges for both industrialists and academics, while also completely changing the global design and systems engineering environment. As more modeling tasks can now be undertaken within a computer environment using simulation and virtual reality technologies, this book helps readers understand the number and variety of research studies focusing on this important topic. The book addresses these important recent developments, presenting new theoretical issues that were not previously presented in the literature, along with solutions to important practical problems and case studies that illustrate how to apply the methodology. Uses case studies from industry practice to explain innovative solutions to real world safety and reliability problems Addresses the full interdisciplinary range of topics that influence this complex field Provides brief introductions to important concepts, including stochastic reliability and Bayesian methods
Book Synopsis Risk and Safety Analysis of Nuclear Systems by : John C. Lee
Download or read book Risk and Safety Analysis of Nuclear Systems written by John C. Lee and published by John Wiley & Sons. This book was released on 2011-07-05 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book has been developed in conjunction with NERS 462, a course offered every year to seniors and graduate students in the University of Michigan NERS program. The first half of the book covers the principles of risk analysis, the techniques used to develop and update a reliability data base, the reliability of multi-component systems, Markov methods used to analyze the unavailability of systems with repairs, fault trees and event trees used in probabilistic risk assessments (PRAs), and failure modes of systems. All of this material is general enough that it could be used in non-nuclear applications, although there is an emphasis placed on the analysis of nuclear systems. The second half of the book covers the safety analysis of nuclear energy systems, an analysis of major accidents and incidents that occurred in commercial nuclear plants, applications of PRA techniques to the safety analysis of nuclear power plants (focusing on a major PRA study for five nuclear power plants), practical PRA examples, and emerging techniques in the structure of dynamic event trees and fault trees that can provide a more realistic representation of complex sequences of events. The book concludes with a discussion on passive safety features of advanced nuclear energy systems under development and approaches taken for risk-informed regulations for nuclear plants.
Download or read book Risk Assessment written by Marvin Rausand and published by John Wiley & Sons. This book was released on 2020-03-31 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Safety, Reliability and Risk Analysis by : Sebastián Martorell
Download or read book Safety, Reliability and Risk Analysis written by Sebastián Martorell and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reliability and Risk Modeling of Engineering Systems by : Dilbagh Panchal
Download or read book Reliability and Risk Modeling of Engineering Systems written by Dilbagh Panchal and published by Springer Nature. This book was released on 2021-05-21 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses reliability, maintenance, risk, and safety issues of industrial systems with applications of the latest decision-making techniques. Thus, this book presents chapters that apply advanced tools, techniques, and computing models for optimizing the performance of industrial and manufacturing systems, along with other complex engineering equipment. Computing techniques like data analytics, failure mode and effects analysis, fuzzy set theory, petri-net, multi-criteria decision-making (MCDM), and soft computing are used for solving problems of reliability, risk, and safety related issues.
Book Synopsis Probability and Risk Analysis by : Igor Rychlik
Download or read book Probability and Risk Analysis written by Igor Rychlik and published by Springer Science & Business Media. This book was released on 2006-10-07 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Safety, Reliability and Risk Analysis by : Sebastian Martorell
Download or read book Safety, Reliability and Risk Analysis written by Sebastian Martorell and published by CRC Press. This book was released on 2008-09-10 with total page 3512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety, Reliability and Risk Analysis. Theory, Methods and Applications contains the papers presented at the joint ESREL (European Safety and Reliability) and SRA-Europe (Society for Risk Analysis Europe) Conference (Valencia, Spain, 22-25 September 2008). The book covers a wide range of topics, including: Accident and Incident Investigation; Crisi
Book Synopsis Extreme Value Modeling and Risk Analysis by : Dipak K. Dey
Download or read book Extreme Value Modeling and Risk Analysis written by Dipak K. Dey and published by CRC Press. This book was released on 2016-01-06 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extreme Value Modeling and Risk Analysis: Methods and Applications presents a broad overview of statistical modeling of extreme events along with the most recent methodologies and various applications. The book brings together background material and advanced topics, eliminating the need to sort through the massive amount of literature on the subje
Book Synopsis Rating Based Modeling of Credit Risk by : Stefan Trueck
Download or read book Rating Based Modeling of Credit Risk written by Stefan Trueck and published by Academic Press. This book was released on 2009-01-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decade rating-based models have become very popular in credit risk management. These systems use the rating of a company as the decisive variable to evaluate the default risk of a bond or loan. The popularity is due to the straightforwardness of the approach, and to the upcoming new capital accord (Basel II), which allows banks to base their capital requirements on internal as well as external rating systems. Because of this, sophisticated credit risk models are being developed or demanded by banks to assess the risk of their credit portfolio better by recognizing the different underlying sources of risk. As a consequence, not only default probabilities for certain rating categories but also the probabilities of moving from one rating state to another are important issues in such models for risk management and pricing. It is widely accepted that rating migrations and default probabilities show significant variations through time due to macroeconomics conditions or the business cycle. These changes in migration behavior may have a substantial impact on the value-at-risk (VAR) of a credit portfolio or the prices of credit derivatives such as collateralized debt obligations (D+CDOs). In Rating Based Modeling of Credit Risk the authors develop a much more sophisticated analysis of migration behavior. Their contribution of more sophisticated techniques to measure and forecast changes in migration behavior as well as determining adequate estimators for transition matrices is a major contribution to rating based credit modeling. Internal ratings-based systems are widely used in banks to calculate their value-at-risk (VAR) in order to determine their capital requirements for loan and bond portfolios under Basel II One aspect of these ratings systems is credit migrations, addressed in a systematic and comprehensive way for the first time in this book The book is based on in-depth work by Trueck and Rachev
Book Synopsis System Safety Engineering and Risk Assessment by : Nicholas J. Bahr
Download or read book System Safety Engineering and Risk Assessment written by Nicholas J. Bahr and published by CRC Press. This book was released on 2018-10-08 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all know that safety should be an integral part of the systems that we build and operate. The public demands that they are protected from accidents, yet industry and government do not always know how to reach this common goal. This book gives engineers and managers working in companies and governments around the world a pragmatic and reasonable approach to system safety and risk assessment techniques. It explains in easy-to-understand language how to design workable safety management systems and implement tested solutions immediately. The book is intended for working engineers who know that they need to build safe systems, but aren’t sure where to start. To make it easy to get started quickly, it includes numerous real-life engineering examples. The book’s many practical tips and best practices explain not only how to prevent accidents, but also how to build safety into systems at a sensible price. The book also includes numerous case studies from real disasters that describe what went wrong and the lessons learned. See What’s New in the Second Edition: New chapter on developing government safety oversight programs and regulations, including designing and setting up a new safety regulatory body, developing safety regulatory oversight functions and governance, developing safety regulations, and how to avoid common mistakes in government oversight Significantly expanded chapter on safety management systems, with many practical applications from around the world and information about designing and building robust safety management systems, auditing them, gaining internal support, and creating a safety culture New and expanded case studies and "Notes from Nick’s Files" (examples of practical applications from the author’s extensive experience) Increased international focus on world-leading practices from multiple industries with practical examples, common mistakes to avoid, and new thinking about how to build sustainable safety management systems New material on safety culture, developing leading safety performance indicators, safety maturity model, auditing safety management systems, and setting up a safety knowledge management system
Book Synopsis Quality and Reliability Management and Its Applications by : Hoang Pham
Download or read book Quality and Reliability Management and Its Applications written by Hoang Pham and published by Springer. This book was released on 2015-11-20 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating development processes, policies, and reliability predictions from the beginning of the product development lifecycle to ensure high levels of product performance and safety, this book helps companies overcome the challenges posed by increasingly complex systems in today’s competitive marketplace. Examining both research on and practical aspects of product quality and reliability management with an emphasis on applications, the book features contributions written by active researchers and/or experienced practitioners in the field, so as to effectively bridge the gap between theory and practice and address new research challenges in reliability and quality management in practice. Postgraduates, researchers and practitioners in the areas of reliability engineering and management, amongst others, will find the book to offer a state-of-the-art survey of quality and reliability management and practices.
Book Synopsis Intelligent Systems and Decision Making for Risk Analysis and Crisis Response by : Chongfu Huang
Download or read book Intelligent Systems and Decision Making for Risk Analysis and Crisis Response written by Chongfu Huang and published by CRC Press. This book was released on 2013-07-25 with total page 965 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this present internet age, risk analysis and crisis response based on information will make up a digital world full of possibilities and improvements to people‘s daily life and capabilities. These services will be supported by more intelligent systems and more effective decisionmaking. This book contains all the papers presented at the 4th Inter
Book Synopsis Uses of Risk Analysis to Achieve Balanced Safety in Building Design and Operations by : National Research Council
Download or read book Uses of Risk Analysis to Achieve Balanced Safety in Building Design and Operations written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume considers engineering risk analysis applications to the field of building safety. Building codes and design criteria used by architects and engineersâ€"standards of good practice defined by industry consensusâ€"have made great strides in bringing the dangers of facilities under control, but the range of hazards (e.g., fire, indoor air pollutants, electrical malfunctions) is broad. Risk analysis offers improved overall safety of new and existing facilities without imposing unacceptable costs. Broad application of risk analysis will help facility professionals, policymakers, and facility users and owners to understand the risks, to determine what levels of risk are socially and economically tolerable, and to manage risk more effectively.
