Probabilistic Risk Analysis

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Probabilistic Risk Analysis

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Author : Tim Bedford
language : en
Publisher: Cambridge University Press
Release Date : 2001-04-30

Probabilistic Risk Analysis written by Tim Bedford and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-04-30 with Mathematics categories.

Probabilistic risk analysis aims to quantify the risk caused by high technology installations. Increasingly, such analyses are being applied to a wider class of systems in which problems such as lack of data, complexity of the systems, uncertainty about consequences, make a classical statistical analysis difficult or impossible. The authors discuss the fundamental notion of uncertainty, its relationship with probability, and the limits to the quantification of uncertainty. Drawing on extensive experience in the theory and applications of risk analysis, the authors focus on the conceptual and mathematical foundations underlying the quantification, interpretation and management of risk. They cover standard topics as well as important new subjects such as the use of expert judgement and uncertainty propagation. The relationship of risk analysis with decision making is highlighted in chapters on influence diagrams and decision theory. Finally, the difficulties of choosing metrics to quantify risk, and current regulatory frameworks are discussed.

Probabilistic Risk Assessment Of Engineering Systems

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Author : M. Stewart
language : en
Publisher: Springer
Release Date : 1997-11-30

Probabilistic Risk Assessment Of Engineering Systems written by M. Stewart and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-30 with Technology & Engineering categories.

Probabilistic risk and hazard assessments are applied to a wide range of engineering systems, mainly for regulatory reasons needed for development consent, system certification and occupational health and safety issues. The purpose of this book is to raise awareness of the limitations, uncertainties and other issues inherent in probabilistic risk analysis procedures. Probabilistic Risk Assessment of Engineering Systems describes: the importance of probabilistic risk assessment in decision making, i.e. risk management; types of risk and probabilistic risk analysis procedures; data needed for the conduct of probabilistic risk analysis; and acceptable/tolerable risk and other risk acceptance criteria. In essence, the book provides a multi-disciplinary and integrated explanation of risk assessment procedures that will enable the non-specialist reader to gain valuable insights into the development of risk analysis procedures. Practising engineers and graduate engineering students across a range of disciplines will find this book immensely useful.

Uncertainty In Risk Assessment

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Author : Terje Aven
language : en
Publisher: John Wiley & Sons
Release Date : 2014-02-03

Uncertainty In Risk Assessment written by Terje Aven 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 2014-02-03 with Mathematics categories.

Explores methods for the representation and treatment of uncertainty in risk assessment In providing guidance for practical decision-making situations concerning high-consequence technologies (e.g., nuclear, oil and gas, transport, etc.), the theories and methods studied in Uncertainty in Risk Assessment have wide-ranging applications from engineering and medicine to environmental impacts and natural disasters, security, and financial risk management. The main focus, however, is on engineering applications. While requiring some fundamental background in risk assessment, as well as a basic knowledge of probability theory and statistics, Uncertainty in Risk Assessment can be read profitably by a broad audience of professionals in the field, including researchers and graduate students on courses within risk analysis, statistics, engineering, and the physical sciences. Uncertainty in Risk Assessment: Illustrates the need for seeing beyond probability to represent uncertainties in risk assessment contexts. Provides simple explanations (supported by straightforward numerical examples) of the meaning of different types of probabilities, including interval probabilities, and the fundamentals of possibility theory and evidence theory. Offers guidance on when to use probability and when to use an alternative representation of uncertainty. Presents and discusses methods for the representation and characterization of uncertainty in risk assessment. Uses examples to clearly illustrate ideas and concepts.

Uncertainty Characterization In Risk Analysis For Decision Making Practice

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Author : Enrico Zio
language : en
Publisher: FonCSI
Release Date : 2012-05-01

Uncertainty Characterization In Risk Analysis For Decision Making Practice written by Enrico Zio and has been published by FonCSI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-01 with Technology & Engineering categories.

This document provides an overview of sources of uncertainty in probabilistic risk analysis. For each phase of the risk analysis process (system modeling, hazard identification, estimation of the probability and consequences of accident sequences, risk evaluation), the authors describe and classify the types of uncertainty that can arise. The document provides : a description of the risk assessment process, as used in hazardous industries such as nuclear power and offshore oil and gas extraction ; a classification of sources of uncertainty (both epistemic and aleatory) and a description of techniques for uncertainty representation ; a description of the different steps involved in a Probabilistic Risk Assessement (PRA) or Quantitative Risk Assessment (QRA), and an analysis of the types of uncertainty that can affect each of these steps ; annexes giving an overview of a number of tools used during probabilistic risk assessment, including the HAZID technique, fault trees and event tree analysis.

Probabilistic Risk Assessment Methods And Case Studies

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Author : U. S. Environmental U.S. Environmental Protection Agency
language : en
Publisher: CreateSpace
Release Date : 2015-01-08

Probabilistic Risk Assessment Methods And Case Studies written by U. S. Environmental U.S. Environmental Protection Agency and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-08 with categories.

To discuss where probabilistic approaches can aid EPA's decision making, it is important to generally describe the Agency's current decision making processes and how better understanding and improving elements within these processes can clarify where probabilistic approaches might provide benefits. The enhanced use of PRA and characterization of uncertainty would allow EPA decision makers opportunities to use a more robust and transparent process, which may allow greater responsiveness to outside comments and recommendations. Such an approach would support higher quality EPA assessments and improve confidence in Agency decisions. There are two major areas in the decision-making process that might be improved with PRA. Scientists currently are generally focused on the first area's the understanding of data, model and scenario uncertainties and variability. The second area is one that has not, until recently and only in a limited fashion, been used by EPA decision makers. This area is formal decision analysis. With decision analytic techniques, decision makers can weigh the relative importance of risk information compared to other information in making the decision, understand how uncertainty affects the relative attractiveness of potential decision alternatives, and assess overall confidence in a decision. In addition to data, model and scenario uncertainty, there is a separate category of uncertainties specifically associated with how the decision criteria relate to the decision alternatives. Although it is quite relevant to risk management decisions, the topic and decision analysis in general are outside of the scope of this report. This white paper focuses on technical information that would allow better understanding of the relationships among alternative decisions in assessing risks.

Probabilistic Risk Assessment Pra

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Author : U.S. Nuclear Regulatory Commission. Division of Risk Analysis
language : en
Publisher:
Release Date : 1984

Probabilistic Risk Assessment Pra written by U.S. Nuclear Regulatory Commission. Division of Risk Analysis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Nuclear facilities categories.

Probabilistic Risk Assessment

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Author :
language : en
Publisher:
Release Date : 2000

Probabilistic Risk Assessment written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Reliability (Engineering) categories.

Contains references to documents in the NASA Scientific and Technical (STI) Database.

Probabilistic Risk Assessment Pra Reference Document

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Author : U.S. Nuclear Regulatory Commission. Division of Risk Analysis and Operations
language : en
Publisher:
Release Date : 1984

Probabilistic Risk Assessment Pra Reference Document written by U.S. Nuclear Regulatory Commission. Division of Risk Analysis and Operations and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Nuclear facilities categories.

Implications Of Probabilistic Risk Assessment

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Author : M. C. Cullingford
language : en
Publisher:
Release Date : 1987

Implications Of Probabilistic Risk Assessment written by M. C. Cullingford and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.

Choosing Safety

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Author : Michael V. Frank
language : en
Publisher: Earthscan
Release Date : 2008

Choosing Safety written by Michael V. Frank and has been published by Earthscan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Art categories.

First Published in 2008. Routledge is an imprint of Taylor & Francis, an informa company.