Risk Analysis for Engineering 12

Tham khảo tài liệu 'risk analysis for engineering 12', kỹ thuật - công nghệ, cơ khí - chế tạo máy phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Risk Analysis in Engineering and Economics RISK CONTROL METHODS CHAPTER A. J. Clark School of Engineering Department of Civil and Environmental Engineering 7a Risk Analysis for Engineering Department of Civil and Environmental Engineering University of Maryland College Park chapman hAll cRC CHAPTER 7a. RISK CONTROL METHODS Slide No. Introduction In general risk management is performed within an economic framework with an objective of optimizing the allocation of available resources in support of a broader goal. Therefore it requires the definition of acceptable risk and comparative evaluation of options and or alternatives for decision making. CHAPTER 7a. RISK CONTROL METHODS Slide No. Introduction Risk control has an objective to reduce risk to an acceptable level and or prioritize resources based on comparative analysis. The objective of this chapter is to introduce fundamental concepts for risk control within an economic framework that include risk aversion risk homeostasis discounting procedures decision analysis tradeoff analysis insurance models and repair and maintainability issues. 41 CHAPTER 7a. RISK CONTROL METHODS Slide No. Philosophies of Risk Control Risk control can be approached by an organization within a strategic or a system-wide or an organization-wide plan. A philosophy for risk control might be constructed based on recognizing that the occurrence of a consequence-inducing event is the tip of an iceberg representing a scenario. CHAPTER 7a. RISK CONTROL METHODS Slide No. Philosophies of Risk Control The domino theory for risk control was used in industrial accident prevention to eliminate injury-producing events by construction a domino sequence of events as demonstrated by the following sequence -A personal injury as the final domino occurs only as a result of an accident. - An accident occurs only as a result of a human-related or mechanical hazard. 41 CHAPTER 7a. RISK CONTROL METHODS Slide No. Philosophies of Risk Control -A human-related or .

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