Quantifying And Controlling Catastrophic Risks
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Quantifying And Controlling Catastrophic Risks
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Author : B. John Garrick
language : en
Publisher: Academic Press
Release Date : 2008-09-11
Quantifying And Controlling Catastrophic Risks written by B. John Garrick and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-11 with Nature categories.
PART 1? WHY RISK ASSESSMENT -- Chapter 1? Understanding Risk Assessement -- 1.1The Target Risks -- 1.2The Quantitative Definition of Risk -- 1.3The Meaning of Quantification -- 1.4Form of the Results of a Quantitative Risk Assessment -- 1.5References -- Chapter 2? Analytical Foundations of Quantitative Risk Assessment -- 2.1Quantitative Definition of Risk -- 2.2The Scenario Approach to Quantitative Risk Assessment -- 2.3Interpretation of Probability and Likelihood -- 2.4Quantification of the Scenarios -- 2.5Assembling the Results -- 2.6References -- Chapter 3? The Rational Management of Catastrophic Risks -- 3.1Benefits of Quantitative Risk Assessment -- 3.2The Role of the Case Studies -- 3.3Comparing Quantitative Risks Using the Case Studies -- 3.4Observations from the Case Studies -- 3.5Insights from Comparing Results -- 3.6Where Do We Go from Here? -- References -- PART 2? Risk Assessment Case Studies -- Chapter 3? Risk of a Catastrophic Hurricane in -- 3.1Summary of the Risk Assess ...
The Essential Engineer
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Author : Henry Petroski
language : en
Publisher: Vintage
Release Date : 2010-02-23
The Essential Engineer written by Henry Petroski and has been published by Vintage this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-23 with Science categories.
From the acclaimed author of The Pencil and To Engineer Is Human, The Essential Engineer is an eye-opening exploration of the ways in which science and engineering must work together to address our world’s most pressing issues, from dealing with climate change and the prevention of natural disasters to the development of efficient automobiles and the search for renewable energy sources. While the scientist may identify problems, it falls to the engineer to solve them. It is the inherent practicality of engineering, which takes into account structural, economic, environmental, and other factors that science often does not consider, that makes engineering vital to answering our most urgent concerns. Henry Petroski takes us inside the research, development, and debates surrounding the most critical challenges of our time, exploring the feasibility of biofuels, the progress of battery-operated cars, and the question of nuclear power. He gives us an in-depth investigation of the various options for renewable energy—among them solar, wind, tidal, and ethanol—explaining the benefits and risks of each. Will windmills soon populate our landscape the way they did in previous centuries? Will synthetic trees, said to be more efficient at absorbing harmful carbon dioxide than real trees, soon dot our prairies? Will we construct a “sunshade” in outer space to protect ourselves from dangerous rays? In many cases, the technology already exists. What’s needed is not so much invention as engineering. Just as the great achievements of centuries past—the steamship, the airplane, the moon landing—once seemed beyond reach, the solutions to the twenty-first century’s problems await only a similar coordination of science and engineering. Eloquently reasoned and written, The Essential Engineer identifies and illuminates these problems—and, above all, sets out a course for putting ideas into action.
Risk Management In An Uncertain World
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Author : Bill Sharon
language : en
Publisher: Bloomsbury Publishing
Release Date : 2012-08-30
Risk Management In An Uncertain World written by Bill Sharon and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08-30 with Business & Economics categories.
In an increasingly uncertain world, the pace of change is swift and quickening. Risk management is more important than ever before, and adaptability is key. Not every negative event can be mitigated, but the right approaches will allow a company to respond effectively and even to thrive in crisis situations. This approachable book features the advice of expert practitioner and academic authors, benefiting companies whatever their culture and operating environment. Worked examples and case studies span the operational aspects of risk management, reputation risk, and risks outside the control of any organization, forming a comprehensive guide. Detailed coverage includes: * Risk, metrics, and complexity * Countering supply chain risk * Business continuity management * Reputation risk and financial performance * Moving beyond compliance * Integrating catastrophe management * Human risk and rogues * Strategic risk management * Crisis management strategies * Exposure to country, political, and interest rate risks
Risk Management For Design And Construction
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Author : Ovidiu Cretu
language : en
Publisher: John Wiley & Sons
Release Date : 2011-06-15
Risk Management For Design And Construction written by Ovidiu Cretu and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-15 with Technology & Engineering categories.
The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation
Safe Enough
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Author : Thomas R. Wellock
language : en
Publisher: Univ of California Press
Release Date : 2021-03-23
Safe Enough written by Thomas R. Wellock and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-23 with History categories.
Since the dawn of the Atomic Age, nuclear experts have labored to imagine the unimaginable and prevent it. They confronted a deceptively simple question: When is a reactor “safe enough” to adequately protect the public from catastrophe? Some experts sought a deceptively simple answer: an estimate that the odds of a major accident were, literally, a million to one. Far from simple, this search to quantify accident risk proved to be a tremendously complex and controversial endeavor, one that altered the very notion of safety in nuclear power and beyond. Safe Enough? is the first history to trace these contentious efforts, following the Atomic Energy Commission and the Nuclear Regulatory Commission as their experts experimented with tools to quantify accident risk for use in regulation and to persuade the public of nuclear power’s safety. The intense conflict over the value of risk assessment offers a window on the history of the nuclear safety debate and the beliefs of its advocates and opponents. Across seven decades and the accidents at Three Mile Island, Chernobyl, and Fukushima, the quantification of risk has transformed both society’s understanding of the hazards posed by complex technologies and what it takes to make them safe enough.
Handbook Of Risk Management In Energy Production And Trading
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Author : Raimund M. Kovacevic
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-27
Handbook Of Risk Management In Energy Production And Trading written by Raimund M. Kovacevic and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-27 with Business & Economics categories.
This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management. Using decision making under uncertainty as a methodological background, the book is divided into four parts, with Part I focusing on energy markets, particularly electricity markets. Topics include a nontechnical overview of energy markets and their main properties, basic price models for energy commodity prices, and modeling approaches for electricity price processes. Part II looks at optimal decisions in managing energy systems, including hydropower dispatch models, cutting plane algorithms and approximative dynamic programming; hydro-thermal production; renewable; stochastic investments and operational optimization models for natural gas transport; decision making in operating electricity networks; and investment in extending energy production systems. Part III explores pricing, including electricity swing options and the pricing of derivatives with volume control. Part IV looks at long-term and political risks, including energy systems under aspects of climate change, and catastrophic operational risks, particularly risks from terrorist attacks.
Climate Shock
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Author : Gernot Wagner
language : en
Publisher: Princeton University Press
Release Date : 2016-04-19
Climate Shock written by Gernot Wagner and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with Business & Economics categories.
How knowing the extreme risks of climate change can help us prepare for an uncertain future If you had a 10 percent chance of having a fatal car accident, you'd take necessary precautions. If your finances had a 10 percent chance of suffering a severe loss, you'd reevaluate your assets. So if we know the world is warming and there's a 10 percent chance this might eventually lead to a catastrophe beyond anything we could imagine, why aren't we doing more about climate change right now? We insure our lives against an uncertain future—why not our planet? In Climate Shock, Gernot Wagner and Martin Weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences. They show that the longer we wait to act, the more likely an extreme event will happen. A city might go underwater. A rogue nation might shoot particles into the Earth's atmosphere, geoengineering cooler temperatures. Zeroing in on the unknown extreme risks that may yet dwarf all else, the authors look at how economic forces that make sensible climate policies difficult to enact, make radical would-be fixes like geoengineering all the more probable. What we know about climate change is alarming enough. What we don't know about the extreme risks could be far more dangerous. Wagner and Weitzman help readers understand that we need to think about climate change in the same way that we think about insurance—as a risk management problem, only here on a global scale. With a new preface addressing recent developments Wagner and Weitzman demonstrate that climate change can and should be dealt with—and what could happen if we don't do so—tackling the defining environmental and public policy issue of our time.
Risk Assessment
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Author : Marvin Rausand
language : en
Publisher: John Wiley & Sons
Release Date : 2020-03-03
Risk Assessment written by Marvin Rausand and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-03 with Mathematics categories.
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.
Approaches To Enterprise Risk Management
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Author : Bloomsbury Information Ltd.
language : en
Publisher: A&C Black
Release Date : 2010-07-01
Approaches To Enterprise Risk Management written by Bloomsbury Information Ltd. and has been published by A&C Black this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-01 with Business & Economics categories.
In the current climate, it is essential to identify risk exposure across a firm to mitigate or minimise potential threats to its financial health. Approaches to Enterprise Risk Management is a multi-author volume encompassing best-practice approaches in a range of activities, written by leading experts in the field of risk management.
Iot For Defense And National Security
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Author : Robert Douglass
language : en
Publisher: John Wiley & Sons
Release Date : 2023-01-04
Iot For Defense And National Security written by Robert Douglass and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-04 with Political Science categories.
IoT for Defense and National Security Practical case-based guide illustrating the challenges and solutions of adopting IoT in both secure and hostile environments IoT for Defense and National Security covers topics on IoT security, architecture, robotics, sensing, policy, operations, and more, including the latest results from the premier IoT research initiative of the U.S. Defense Department, the Internet of Battle Things. The text also discusses challenges in converting defense industrial operations to IoT and summarizes policy recommendations for regulating government use of IoT in free societies. As a modern reference, this book covers multiple technologies in IoT including survivable tactical IoT using content-based routing, mobile ad-hoc networks, and electronically formed beams. Examples of IoT architectures include using KepServerEX for edge connectivity and AWS IoT Core and Amazon S3 for IoT data. To aid in reader comprehension, the text uses case studies illustrating the challenges and solutions for using robotic devices in defense applications, plus case studies on using IoT for a defense industrial base. Written by leading researchers and practitioners of IoT technology for defense and national security, IoT for Defense and National Security also includes information on: Changes in warfare driven by IoT weapons, logistics, and systems IoT resource allocation (monitoring existing resources and reallocating them in response to adversarial actions) Principles of AI-enabled processing for Internet of Battlefield Things, including machine learning and inference Vulnerabilities in tactical IoT communications, networks, servers and architectures, and strategies for securing them Adapting rapidly expanding commercial IoT to power IoT for defense For application engineers from defense-related companies as well as managers, policy makers, and academics, IoT for Defense and National Security is a one-of-a-kind resource, providing expansive coverage of an important yet sensitive topic that is often shielded from the public due to classified or restricted distributions.