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Risk Management

Name: Risk Management
Brand: Springer London Ltd
SKU: 01433632
Price: 851.64 RON
Availability: InStock
Author: Terje Aven
ISBN: 9781846286520

With Applications from the Offshore Petroleum Industry

Terje Aven

Jan-Erik Vinnem

Limba

engleză

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Codul Libristo: 01433632

Editura Springer London Ltd, februarie 2007

Risk management is a decision-making process which considers various factors with risk assessments r... Descrierea completă

Codul Libristo: 01433632

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Risk management is a decision-making process which considers various factors with risk assessments relating to a potential hazard, in order to develop regulatory response options. Technological developments, organisational changes and increased demand for efficiency have influenced the vulnerability of our society. Thus, safety and risk management is becoming an important field. §This book discusses some fundamental principles of risk management, related to the use of expected values, uncertainty handling and risk acceptance criteria. A decision framework for risk management is developed that provides a structure for the classification of risk decision problems and a procedure for the execution of the related decision-making processes. Examples from the offshore petroleum industry are included to illustrate the use of the framework.§§This book is a valuable resource for graduate students and researchers in risk management, practitioners in the industry, engineering managers and regulatory authorities.