A collection of papers presented at the PSAM 7 – ESREL ’04 conference in June 2004, reflecting a wide variety of disciplines, such as principles and theory of reliability and risk analysis, systems modelling and simulation, consequence assessment, human and organisational factors, structural reliability methods, software reliability and safety, insights and lessons from risk studies and management/decision making. This volume covers both well-established practices and open issues in these fields, identifying areas where maturity has been reached and those where more development is needed.

Over the past 30 years, numerous concerns have been raised in the literature regarding the capability of static modeling approaches such as the event-tree (ET)/fault-tree (FT) methodology to adequately account for the impact of process/hardware/software/firmware/human interactions on nuclear power plant safety assessment, and methodologies to augment the ET/FT approach have been proposed. Often referred to as dynamic probabilistic risk/safety assessment (DPRA/DPSA) methodologies, which use a time-dependent phenomenological model of system evolution along with a model of its stochastic behavior to model for possible dependencies among failure events. The book contains a collection of papers that describe at existing plant level applicable DPRA/DPSA tools, as well as techniques that can be used to augment the ET/FT approach when needed.

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.

Electrical Engineering Probabilistic Risk Assessment and Management for Engineers and Scientists Second Edition "State of the art in risk analysis...[this book] projects the technology into the next decade. Congratulations to the authors on a virtuoso performance." -Charles Donaghey, University of Houston "A very useful reference to the academic and government communities, and junior engineering staff within nuclear, chemical, transportation, aerospace, and other industries." -Yovan Lukic, Arizona Public Service Company As the demands of government agencies and insurance companies escalate, societal risk assessment and management become increasingly critical to the development and use of engineered systems in the full range of industrial installations. Packed with real-world examples and practical mathematical and statistical methods for large, complex systems, this definitive text and sourcebook gives you the guidance you need for thorough and conclusive study. You'll find new and updated coverage of all the key topics related to risk analysis: * Probabilistic nature of risk * Qualitative and quantitative risk assessments * System decomposition * Legal and regulatory risks * And much more! The authors also provide end-of-chapter problems and a course outline. Complete with a new, automated, fault tree synthesis method using semantic networks. Probabilistic Risk Assessment and Management for Engineers and Scientists, Second Edition will be of value to anyone working with engineered systems. Also of Interest from IEEE Press... Successful Patents and Patenting for Engineers and Scientists edited by Michael A. Lechter, Esq. 1995 Softcover 432 pp IEEE Order No. PP4478 ISBN 0-7803-1086-1 Metric Units and Conversion Charts A Metrication Handbook for Engineers, Technologists, and Scientists Second Edition Theodore Wildi 1995 Softcover 144 pp IEEE Order No. PP4044 ISBN 0-7803-1050-0 The Probability Tutoring Book An Intuitive Course for Engineers and Scientists (And Everyone Else!) Carol Ash 1993 Softcover 480 pp IEEE Order No. PP2881 ISBN 0-7803-1051-9

Exciting new developments in risk assessment and management Risk assessment and management is fundamentally founded on the knowledge available on the system or process under consideration. While this may be self-evident to the laymen, thought leaders within the risk community have come to recognize and emphasize the need to explicitly incorporate knowledge (K) in a systematic, rigorous, and transparent framework for describing and modeling risk. Featuring contributions by an international team of researchers and respected practitioners in the field, this book explores the latest developments in the ongoing effort to use risk assessment as a means for characterizing knowledge and/or lack of knowledge about a system or process of interest. By offering a fresh perspective on risk assessment and management, the book represents a significant contribution to the development of a sturdier foundation for the practice of risk assessment and for risk-informed decision making. How should K be described and evaluated in risk assessment? How can it be reflected and taken into account in formulating risk management strategies? With the help of numerous case studies and real-world examples, this book answers these and other critical questions at the heart of modern risk assessment, while identifying many practical challenges associated with this explicit framework. This book, written by international scholars and leaders in the field, and edited to make coverage both conceptually advanced and highly accessible: Offers a systematic, rigorous and transparent perspective and framework on risk assessment and management, explicitly strengthening the links between knowledge and risk Clearly and concisely introduces the key risk concepts at the foundation of risk assessment and management Features numerous cases and real-world examples, many of which focused on various engineering applications across an array of industries Knowledge of Risk Assessment and Management is a must-read for risk assessment and management professionals, as well as graduate students, researchers and educators in the field. It is also of interest to policy makers and business people who are eager to gain a better understanding of the foundations and boundaries of risk assessment, and how its outcomes should be used for decision-making.

This book is a methodological approach to the goal-based safety design procedure that will soon be an international requirement. This is the first single volume book to describe how to satisfy safety goals by modern reliability engineering. Its focus is on the quantitative aspects of the international standards using a methodological approach. Case studies illustrate the methodologies presented.

This book proposes a new approach to dynamic and online risk assessment of automated and autonomous marine systems, taking into account different environmental and operational conditions. The book presents lessons learnt from dynamic positioning incidents and accidents, and discusses the challenges of risk assessment of complex systems. The book begins by introducing dynamic and online risk assessment, before presenting automated and autonomous marine systems, as well as numerous dynamic positioning incidents. It then discusses human interactions with technology and explores how to quantify human error. Dynamic probabilistic risk assessment and online risk assessment are both considered fully, including case studies with the application of assisting operators in decision making in emergency situations. Finally, areas for future research are suggested. This practical volume offers tools and methodologies to help operators make better decisions and improve the safety of automated and autonomous marine systems. It provides a guideline for researchers and practitioners to perform dynamic probabilistic and online risk assessment, which also should be applicable to other complex systems outside the marine and maritime domain, such as nuclear power plants, chemical processes, autonomous transport systems, and space shuttles.