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Risk-Based Reliability Analysis and Generic Principles for Risk Reduction

Risk-Based Reliability Analysis and Generic Principles for Risk Reduction PDF Author: Michael T. Todinov
Publisher: Elsevier
ISBN: 0080467555
Category : Technology & Engineering
Languages : en
Pages : 396

Book Description
This book has been written with the intention to fill two big gaps in the reliability and risk literature: the risk-based reliability analysis as a powerful alternative to the traditional reliability analysis and the generic principles for reducing technical risk. An important theme in the book is the generic principles and techniques for reducing technical risk. These have been classified into three major categories: preventive (reducing the likelihood of failure), protective (reducing the consequences from failure) and dual (reducing both, the likelihood and the consequences from failure). Many of these principles (for example: avoiding clustering of events, deliberately introducing weak links, reducing sensitivity, introducing changes with opposite sign, etc.) are discussed in the reliability literature for the first time. Significant space has been allocated to component reliability. In the last chapter of the book, several applications are discussed of a powerful equation which constitutes the core of a new theory of locally initiated component failure by flaws whose number is a random variable. Offers a shift in the existing paradigm for conducting reliability analyses Covers risk-based reliability analysis and generic principles for reducing risk Provides a new measure of risk based on the distribution of the potential losses from failure as well as the basic principles for risk-based design Incorporates fast algorithms for system reliability analysis and discrete-event simulators Includes the probability of failure of a structure with complex shape expressed with a simple equation

Risk-Based Reliability Analysis and Generic Principles for Risk Reduction

Risk-Based Reliability Analysis and Generic Principles for Risk Reduction PDF Author: Michael T. Todinov
Publisher: Elsevier
ISBN: 0080467555
Category : Technology & Engineering
Languages : en
Pages : 396

Book Description
This book has been written with the intention to fill two big gaps in the reliability and risk literature: the risk-based reliability analysis as a powerful alternative to the traditional reliability analysis and the generic principles for reducing technical risk. An important theme in the book is the generic principles and techniques for reducing technical risk. These have been classified into three major categories: preventive (reducing the likelihood of failure), protective (reducing the consequences from failure) and dual (reducing both, the likelihood and the consequences from failure). Many of these principles (for example: avoiding clustering of events, deliberately introducing weak links, reducing sensitivity, introducing changes with opposite sign, etc.) are discussed in the reliability literature for the first time. Significant space has been allocated to component reliability. In the last chapter of the book, several applications are discussed of a powerful equation which constitutes the core of a new theory of locally initiated component failure by flaws whose number is a random variable. Offers a shift in the existing paradigm for conducting reliability analyses Covers risk-based reliability analysis and generic principles for reducing risk Provides a new measure of risk based on the distribution of the potential losses from failure as well as the basic principles for risk-based design Incorporates fast algorithms for system reliability analysis and discrete-event simulators Includes the probability of failure of a structure with complex shape expressed with a simple equation

Outlines and Highlights for Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by Michael T Todinov, Isbn

Outlines and Highlights for Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by Michael T Todinov, Isbn PDF Author: Cram101 Textbook Reviews
Publisher: Academic Internet Pub Incorporated
ISBN: 9781428829466
Category : Business & Economics
Languages : en
Pages : 134

Book Description
Never HIGHLIGHT a Book Again! Virtually all of the testable terms, concepts, persons, places, and events from the textbook are included. Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9780080447285 .

Studyguide for Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by Todinov, Michael T.

Studyguide for Risk-Based Reliability Analysis and Generic Principles for Risk Reduction by Todinov, Michael T. PDF Author: Cram101 Textbook Reviews
Publisher: Cram101
ISBN: 9781490216591
Category :
Languages : en
Pages : 138

Book Description
Never HIGHLIGHT a Book Again Virtually all testable terms, concepts, persons, places, and events are included. Cram101 Textbook Outlines gives all of the outlines, highlights, notes for your textbook with optional online practice tests. Only Cram101 Outlines are Textbook Specific. Cram101 is NOT the Textbook. Accompanys: 9780521673761

Reliability and Risk Models

Reliability and Risk Models PDF Author: Michael Todinov
Publisher: John Wiley & Sons
ISBN: 1118873254
Category : Technology & Engineering
Languages : en
Pages : 441

Book Description
A comprehensively updated and reorganized new edition. The updates include comparative methods for improving reliability; methods for optimal allocation of limited resources to achieve a maximum risk reduction; methods for improving reliability at no extra cost and building reliability networks for engineering systems. Includes: A unique set of 46 generic principles for reducing technical risk Monte Carlo simulation algorithms for improving reliability and reducing risk Methods for setting reliability requirements based on the cost of failure New reliability measures based on a minimal separation of random events on a time interval Overstress reliability integral for determining the time to failure caused by overstress failure modes A powerful equation for determining the probability of failure controlled by defects in loaded components with complex shape Comparative methods for improving reliability which do not require reliability data Optimal allocation of limited resources to achieve a maximum risk reduction Improving system reliability based solely on a permutation of interchangeable components

An Introduction To The Basics Of Reliability And Risk Analysis

An Introduction To The Basics Of Reliability And Risk Analysis PDF Author: Enrico Zio
Publisher: World Scientific
ISBN: 9814475491
Category : Technology & Engineering
Languages : en
Pages : 237

Book Description
The necessity of expertise for tackling the complicated and multidisciplinary issues of safety and risk has slowly permeated into all engineering applications so that risk analysis and management has gained a relevant role, both as a tool in support of plant design and as an indispensable means for emergency planning in accidental situations. This entails the acquisition of appropriate reliability modeling and risk analysis tools to complement the basic and specific engineering knowledge for the technological area of application.Aimed at providing an organic view of the subject, this book provides an introduction to the principal concepts and issues related to the safety of modern industrial activities. It also illustrates the classical techniques for reliability analysis and risk assessment used in current practice.

Reliability and Risk Models

Reliability and Risk Models PDF Author: M. T. Todinov
Publisher: John Wiley & Sons
ISBN: 9780470094884
Category : Social Science
Languages : en
Pages : 352

Book Description
This book describes a radically new approach and technology for setting reliability requirements based on minimum failure-free operating periods (MFFOP technology). It covers how systems characterized by high cost (consequences) of failure, to develop reliability analysis driven by the consequences of failure.

Methods for Reliability Improvement and Risk Reduction

Methods for Reliability Improvement and Risk Reduction PDF Author: Michael Todinov
Publisher: John Wiley & Sons
ISBN: 111947731X
Category : Technology & Engineering
Languages : en
Pages : 288

Book Description
Reliability is one of the most important attributes for the products and processes of any company or organization. This important work provides a powerful framework of domain-independent reliability improvement and risk reducing methods which can greatly lower risk in any area of human activity. It reviews existing methods for risk reduction that can be classified as domain-independent and introduces the following new domain-independent reliability improvement and risk reduction methods: Separation Stochastic separation Introducing deliberate weaknesses Segmentation Self-reinforcement Inversion Reducing the rate of accumulation of damage Permutation Substitution Limiting the space and time exposure Comparative reliability models The domain-independent methods for reliability improvement and risk reduction do not depend on the availability of past failure data, domain-specific expertise or knowledge of the failure mechanisms underlying the failure modes. Through numerous examples and case studies, this invaluable guide shows that many of the new domain-independent methods improve reliability at no extra cost or at a low cost. Using the proven methods in this book, any company and organisation can greatly enhance the reliability of its products and operations.

The Science of Risk Analysis

The Science of Risk Analysis PDF Author: Terje Aven
Publisher: Routledge
ISBN: 0429639554
Category : Business & Economics
Languages : en
Pages : 571

Book Description
This book provides a comprehensive demonstration of risk analysis as a distinct science covering risk understanding, assessment, perception, communication, management, governance and policy. It presents and discusses the key pillars of this science, and provides guidance on how to conduct high-quality risk analysis. The Science of Risk Analysis seeks to strengthen risk analysis as a field and science by summarizing and extending current work on the topic. It presents the foundation for a distinct risk field and science based on recent research, and explains the difference between applied risk analysis (to provide risk knowledge and tackle risk problems in relation to for example medicine, engineering, business or climate change) and generic risk analysis (on concepts, theories, frameworks, approaches, principles, methods and models to understand, assess, characterise, communicate, manage and govern risk). The book clarifies and describes key risk science concepts, and builds on recent foundational work conducted by the Society for Risk Analysis in order to provide new perspectives on science and risk analysis. The topics covered are accompanied by cases and examples relating to current issues throughout. This book is essential reading for risk analysis professionals, scientists, students and practitioners, and will also be of interest to scientists and practitioners from other fields who apply risk analysis in their work.

Enterprise Risk Management

Enterprise Risk Management PDF Author: Terje Aven
Publisher: Routledge
ISBN: 0429756755
Category : Business & Economics
Languages : en
Pages : 184

Book Description
Enterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance. The book argues that there is critical need for ERM concepts, principles and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relying too much on narrow probability-based perspectives for risk assessment and decision-making. It expands traditional loss-based risk principles into new and innovative performance-risk frameworks, and presents fundamental risk principles that have recently been developed by the Society for Risk Analysis (SRA). All relevant statistical and risk concepts are clearly explained and interpreted using minimal mathematical notation. The focus of the book is centered around ideas and principles, more than technicalities. The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business, and should also be of interest to executive managers and policy makers with some background in quantitative methods such as statistics.

IoT Supply Chain Security Risk Analysis and Mitigation

IoT Supply Chain Security Risk Analysis and Mitigation PDF Author: Timothy Kieras
Publisher: Springer Nature
ISBN: 3031084802
Category : Computers
Languages : en
Pages : 142

Book Description
This SpringerBrief introduces methodologies and tools for quantitative understanding and assessment of supply chain risk to critical infrastructure systems. It unites system reliability analysis, optimization theory, detection theory and mechanism design theory to study vendor involvement in overall system security. It also provides decision support for risk mitigation. This SpringerBrief introduces I-SCRAM, a software tool to assess the risk. It enables critical infrastructure operators to make risk-informed decisions relating to the supply chain, while deploying their IT/OT and IoT systems. The authors present examples and case studies on supply chain risk assessment/mitigation of modern connected infrastructure systems such as autonomous vehicles, industrial control systems, autonomous truck platooning and more. It also discusses how vendors of different system components are involved in the overall security posture of the system and how the risk can be mitigated through vendor selection and diversification. The specific topics in this book include: Risk modeling and analysis of IoT supply chains Methodologies for risk mitigation, policy management, accountability, and cyber insurance Tutorial on a software tool for supply chain risk management of IoT These topics are supported by up-to-date summaries of the authors’ recent research findings. The authors introduce a taxonomy of supply chain security and discusses the future challenges and directions in securing the supply chains of IoT systems. It also focuses on the need for joint policy and technical solutions to counter the emerging risks, where technology should inform policy and policy should regulate technology development. This SpringerBrief has self-contained chapters, facilitating the readers to peruse individual topics of interest. It provides a broad understanding of the emerging field of cyber supply chain security in the context of IoT systems to academics, industry professionals and government officials.