Risk Based Engineering
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Risk Management In Engineering And Construction
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Author : Stephen Ogunlana
language : en
Publisher: Routledge
Release Date : 2019-09-09
Risk Management In Engineering And Construction written by Stephen Ogunlana and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-09 with Technology & Engineering categories.
Today’s businesses are driven by customer ‘pull’ and technological ‘push’. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.
Engineering Decision Making And Risk Management
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Author : Jeffrey W. Herrmann
language : en
Publisher: John Wiley & Sons
Release Date : 2015-04-06
Engineering Decision Making And Risk Management written by Jeffrey W. Herrmann 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 2015-04-06 with Business & Economics categories.
IIE/Joint Publishers Book of the Year Award 2016! Awarded for ‘an outstanding published book that focuses on a facet of industrial engineering, improves education, or furthers the profession’. Engineering Decision Making and Risk Management emphasizes practical issues and examples of decision making with applications in engineering design and management Featuring a blend of theoretical and analytical aspects, this book presents multiple perspectives on decision making to better understand and improve risk management processes and decision-making systems. Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems. The author highlights formal techniques for group decision making and game theory and includes numerical examples to compare and contrast different quantitative techniques. The importance of initially selecting the most appropriate decision-making process is emphasized through practical examples and applications that illustrate a variety of useful processes. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features: Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, the value of information, and risk management Practical examples from both historical and current events that illustrate both good and bad decision making and risk management processes End-of-chapter exercises for readers to apply specific learning objectives and practice relevant skills A supplementary website with instructional support material, including worked solutions to the exercises, lesson plans, in-class activities, slides, and spreadsheets An excellent textbook for upper-undergraduate and graduate students, Engineering Decision Making and Risk Management is appropriate for courses on decision analysis, decision making, and risk management within the fields of engineering design, operations research, business and management science, and industrial and systems engineering. The book is also an ideal reference for academics and practitioners in business and management science, operations research, engineering design, systems engineering, applied mathematics, and statistics.
What Every Engineer Should Know About Risk Engineering And Management
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Author : John X. Wang
language : en
Publisher: CRC Press
Release Date : 2000-02-15
What Every Engineer Should Know About Risk Engineering And Management written by John X. Wang and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-02-15 with Technology & Engineering categories.
"Explains how to assess and handle technical risk, schedule risk, and cost risk efficiently and effectively--enabling engineering professionals to anticipate failures regardless of system complexity--highlighting opportunities to turn failure into success."
Risk Analysis In Engineering
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Author : Mohammad Modarres
language : en
Publisher: CRC Press
Release Date : 2016-04-27
Risk Analysis In Engineering written by Mohammad Modarres and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-27 with Mathematics categories.
Based on the author's 20 years of teaching, Risk Analysis in Engineering: Techniques, Tools, and Trends presents an engineering approach to probabilistic risk analysis (PRA). It emphasizes methods for comprehensive PRA studies, including techniques for risk management. The author assumes little or no prior knowledge of risk analysis on the p
Risk Based Engineering
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Author : Prabhakar V. Varde
language : en
Publisher: Springer
Release Date : 2018-05-01
Risk Based Engineering written by Prabhakar V. Varde and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-01 with Technology & Engineering categories.
The book comprehensively covers the various aspects of risk modeling and analysis in technological contexts. It pursues a systems approach to modeling risk and reliability concerns in engineering, and covers the key concepts of risk analysis and mathematical tools used to assess and account for risk in engineering problems. The relevance of incorporating risk-based structures in design and operations is also stressed, with special emphasis on the human factor and behavioral risks. The book uses the nuclear plant, an extremely complex and high-precision engineering environment, as an example to develop the concepts discussed. The core mechanical, electronic and physical aspects of such a complex system offer an excellent platform for analyzing and creating risk-based models. The book also provides real-time case studies in a separate section to demonstrate the use of this approach. There are many limitations when it comes to applications of risk-based approaches to engineering problems. The book is structured and written in a way that addresses these key gap areas to help optimize the overall methodology. This book serves as a textbook for graduate and advanced undergraduate courses on risk and reliability in engineering. It can also be used outside the classroom for professional development courses aimed at practicing engineers or as an introduction to risk-based engineering for professionals, researchers, and students interested in the field.
Engineering Risk Management
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Author : Thierry Meyer
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2022-04-04
Engineering Risk Management written by Thierry Meyer and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-04 with Science categories.
This book is a valuable resource for achieving and promoting a culture of risk awareness and integrating risk management principles and practices into the educational environment. This integration is essential to ensure that students have the knowledge and skills to identify hazards, and assess and control risks in different contexts through the development and implementation of a risk management curriculum. Besides theoretical considerations and learning to ask the right questions at all times for the sake of critical thinking, effective risk management education also involves the use of case studies, simulations and other experiential learning tools to help students understand and apply risk management concepts in real-life situations. This approach helps students develop a questioning attitude and problem-solving skills, which are essential for effective risk management. Overall, the interface between risk management and education is essential to develop a generation of professionals who can effectively deal with risks in a variety of contexts. By integrating risk management principles and practices into the educational process, educational institutions can help ensure that their students are well prepared to meet the challenges of the modern world.
Risk Analysis In Building Fire Safety Engineering
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Author : A. M. Hasofer
language : en
Publisher: Routledge
Release Date : 2007
Risk Analysis In Building Fire Safety Engineering written by A. M. Hasofer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Mathematics categories.
This book bridges the gap between risk assessment and fire safety engineering like few other resources. As all required knowledge for Probability and Statistics for Fire Engineering is included in the preliminary chapters, the book is suitable for teaching Fire Engineering components in a wide range of engineering courses for senior graduates and for postgraduate students of Fire Engineering. It will also serve as a comprehensive reference for professionals. This book describes the theory and the models involved in risk analysis, and includes case studies of multiple fire scenarios. Building fire safety and human behavioural responses to these scenarios show the benefits of risk-based fire safety design.
Analytical Methods For Risk Management
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Author : Paul R. Garvey
language : en
Publisher: CRC Press
Release Date : 2008-10-20
Analytical Methods For Risk Management written by Paul R. Garvey and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-20 with Business & Economics categories.
A Text on the Foundation Processes, Analytical Principles, and Implementation Practices of Engineering Risk Management Drawing from the author’s many years of hands-on experience in the field, Analytical Methods for Risk Management: A Systems Engineering Perspectivepresents the foundation processes and analytical practices for identifying, analyzing, measuring, and managing risk in traditional systems, systems-of-systems, and enterprise systems. Balances Risk and Decision Theory with Case Studies and Exercises After an introduction to engineering risk management, the book covers the fundamental axioms and properties of probability as well as key aspects of decision analysis, such as preference theory and risk/utility functions. It concludes with a series of essays on major analytical topics, including how to identify, write, and represent risks; prioritize risks in terms of their potential impacts on a systems project; and monitor progress when mitigating a risk’s potential adverse effects. The author also examines technical performance measures and how they can combine into an index to track an engineering system’s overall performance risk. In addition, he discusses risk management in the context of engineering complex, large-scale enterprise systems. Applies Various Methods to Risk Engineering and Analysis Problems This practical guide enables an understanding of which processes and analytical techniques are valid and how they are best applied to specific systems engineering environments. After reading this book, you will be on your way to managing risk on both traditional and advanced engineering systems.
Engineering Tools For Environmental Risk Management
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Author : Katalin Gruiz
language : en
Publisher: CRC Press
Release Date : 2015-04-27
Engineering Tools For Environmental Risk Management written by Katalin Gruiz and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-27 with Science categories.
Chemical substances, physical agents and built structures exhibit various types of hazard due to their inherent toxic, mutagenic, carcinogenic, reprotoxic and sensitizing character or damaging to the immune and hormone system. The first steps in managing an environment contaminated by chemical substances are characterization of hazards and quantifi
Data Analytics For Engineering And Construction Project Risk Management
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Author : Ivan Damnjanovic
language : en
Publisher:
Release Date : 2020
Data Analytics For Engineering And Construction Project Risk Management written by Ivan Damnjanovic and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Engineering categories.
This book provides a step-by-step guidance on how to implement analytical methods in project risk management. The text focuses on engineering design and construction projects and as such is suitable for graduate students in engineering, construction, or project management, as well as practitioners aiming to develop, improve, and/or simplify corporate project management processes. The book places emphasis on building data-driven models for additive-incremental risks, where data can be collected on project sites, assembled from queries of corporate databases, and/or generated using procedures for eliciting experts' judgments. While the presented models are mathematically inspired, they are nothing beyond what an engineering graduate is expected to know: some algebra, a little calculus, a little statistics, and, especially, undergraduate-level understanding of the probability theory. The book is organized in three parts and fourteen chapters. In Part I the authors provide the general introduction to risk and uncertainty analysis applied to engineering construction projects. The basic formulations and the methods for risk assessment used during project planning phase are discussed in Part II, while in Part III the authors present the methods for monitoring and (re)assessment of risks during project execution.