What Every Engineer Should Know About Risk Engineering and Management

What Every Engineer Should Know About Risk Engineering and Management PDF Author: John X. Wang
Publisher: CRC Press
ISBN: 9780824793012
Category : Technology & Engineering
Languages : en
Pages : 268

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Book Description
"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."

What Every Engineer Should Know About Risk Engineering and Management

What Every Engineer Should Know About Risk Engineering and Management PDF Author: John X. Wang
Publisher: CRC Press
ISBN: 9780824793012
Category : Technology & Engineering
Languages : en
Pages : 268

Get Book Here

Book Description
"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."

System Safety Engineering and Risk Assessment

System Safety Engineering and Risk Assessment PDF Author: Nicholas J. Bahr
Publisher: CRC Press
ISBN: 1466551615
Category : Technology & Engineering
Languages : en
Pages : 444

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Book Description
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

Risk Analysis in Engineering

Risk Analysis in Engineering PDF Author: Mohammad Modarres
Publisher: CRC Press
ISBN: 1420003496
Category : Mathematics
Languages : en
Pages : 408

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Book Description
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

Engineering Risk Management

Engineering Risk Management PDF Author: Thierry Meyer
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110665336
Category : Science
Languages : en
Pages : 402

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Book Description
This revised and updated 3rd edition of Engineering Risk Management presents management principles, risk diagnostics, analysis and treatment methods, followed by examples of practical implementation in chemistry, physics, and nanotechnology. An all-new chapter on dynamic risk assessment makes this a uniquely up-to-date and comprehensive treatise on engineering risk management theory and strategies.

Engineering Decision Making and Risk Management

Engineering Decision Making and Risk Management PDF Author: Jeffrey W. Herrmann
Publisher: John Wiley & Sons
ISBN: 1118919335
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
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.

Risk Management for Engineering Projects

Risk Management for Engineering Projects PDF Author: Nolberto Munier
Publisher: Springer Science & Business
ISBN: 3319052519
Category : Technology & Engineering
Languages : en
Pages : 227

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Book Description
Covers the entire process of risk management by providing methodologies for determining the sources of engineering project risk, and once threats have been identified, managing them through: identification and assessment (probability, relative importance, variables, risk breakdown structure, etc.); implementation of measures for their prevention, reduction or mitigation; evaluation of impacts and quantification of risks and establishment of control measures. It also considers sensitivity analysis to determine the influence of uncertain parameters values on different project results, such as completion time, total costs, etc. Case studies and examples across a wide spectrum of engineering projects discuss such diverse factors as: safety; environmental impacts; societal reactions; time and cost overruns; quality control; legal issues; financial considerations; and political risk, making this suitable for undergraduates and graduates in grasping the fundamentals of risk management.

Advanced Risk Analysis in Engineering Enterprise Systems

Advanced Risk Analysis in Engineering Enterprise Systems PDF Author: Cesar Ariel Pinto
Publisher: CRC Press
ISBN: 1439826153
Category : Business & Economics
Languages : en
Pages : 451

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Book Description
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

Risk Engineering

Risk Engineering PDF Author: A.V. Gheorghe
Publisher: Springer Science & Business Media
ISBN: 9401147841
Category : Technology & Engineering
Languages : en
Pages : 280

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Book Description
Industrial development is essential to improvement of the standard of living in all countries. People's health and the environment can be affected, directly or indirectly by routine waste discharges or by accidents. A series of recent major industrial accidents and the effect of pollution highlighted, once again, the need for better management of routine and accidental risks. Moreover, the existence of natural hazards complicate even more the situation in any given region. In the past effort to cope with these risks, if made at all, have been largely on a plant by plant basis; some plants are well equipped to manage environmental and health hazards, while others are not. Managing the hazards of modern technological systems has become a key activity in highly industrialised countries. Decision makers are often confronted with complex issues concerning economic and social development, industrialisation and associated infrastructure needs, population and land use planning. Such issues have to be addressed in such a way that ensures that public health will not be disrupted or substantially degraded. Due to the increasing complexity of technological systems and the higher geographical density of punctual hazard sources, new methodologies and a novel approach to these problems are challenging risk managers and regional planers. Risks from these new complex technological systems are inherently different form those addressed by the risk managers for decades ago.

Financial Engineering

Financial Engineering PDF Author: Keith Cuthbertson
Publisher: John Wiley & Sons
ISBN: 0471495840
Category : Business & Economics
Languages : en
Pages : 802

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Book Description
This text provides a thorough treatment of futures, 'plain vanilla' options and swaps as well as the use of exotic derivatives and interest rate options for speculation and hedging. Pricing of options using numerical methods such as lattices (BOPM), Mone Carlo simulation and finite difference methods, in additon to solutions using continuous time mathematics, are also covered. Real options theory and its use in investment appraisal and in valuing internet and biotechnology companies provide cutting edge practical applications. Practical risk management issues are examined in depth. Alternative models for calculating Value at Risk (market risk) and credit risk provide the throretical basis for a practical and timely overview of these areas of regulatory policy. This book is designed for courses in derivatives and risk management taken by specialist MBA, MSc Finance students or final year undergraduates, either as a stand-alone text or as a follow-on to Investments: Spot and Derivatives Markets by the same authors. The authors adopt a real-world emphasis throughout, and include features such as: * topic boxes, worked examples and learning objectives * Financial Times and Wall Street Journal newspaper extracts and analysis of real world cases * supporting web site including Lecturer's Resource Pack and Student Centre with interactive Excel and GAUSS software

Risk Assessment in Geotechnical Engineering

Risk Assessment in Geotechnical Engineering PDF Author: Gordon A. Fenton
Publisher: John Wiley & Sons
ISBN:
Category : Science
Languages : en
Pages : 488

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Book Description
NEW PROBABILISTIC APPROACHES FOR REALISTIC RISK ASSESSMENT IN GEOTECHNICAL ENGINEERING. This text presents a thorough examination of the theories and methodologies available for risk assessment in geotechnical engineering, spanning the full range from established single-variable and "first order" methods to the most recent, advanced numerical developments. In response to the growing application of LRFD methodologies in geotechnical design, coupled with increased demand for risk assessments from clients ranging from regulatory agencies to insurance companies, authors Fenton and Griffiths have introduced an innovative reliability-based risk assessment method, the Random Finite Element Method (RFEM). The authors have spent more than fifteen years developing this statistically based method for modeling the real spatial variability of soils and rocks. As demonstrated in the book, RFEM performs better in real-world applications than traditional risk assessment tools that do not properly account for the spatial variability of geomaterials. This text is divided into two parts: Part One, Theory, explains the theory underlying risk assessment methods in geotechnical engineering. This part's seven chapters feature more than 100 worked examples, enabling you to develop a detailed understanding of the methods. Part Two, Practice, demonstrates how to use advanced probabilistic tools for several classical geotechnical engineering applications. Working with the RFEM, the authors show how to assess risk in problems familiar to all geotechnical engineers. All the programs used for the geotechnical applications discussed in Part Two may be downloaded from the authors' Web site at www.engmath.dal.ca/rfem/ at no charge, enabling you to duplicate the authors' results and experiment with your own data. In short, you get all the theory and practical guidance you need to apply the most advanced probabilistic approaches for managing uncertainty in geotechnical design.