Analytical Methods for Risk Management
A Systems Engineering Perspective
By (author) Paul R. Garvey
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Analytical Methods for Risk Management by Paul R. Garvey
Book DescriptionA Text on the Foundation Processes, Analytical Principles, and Implementation Practices of Engineering Risk Management Drawing from the author's many years of hands-on experience in the field, Analytical Methods for Risk Management: A Systems Engineering Perspectivepresents the foundation processes and analytical practices for identifying, analyzing, measuring, and managing risk in traditional systems, systems-of-systems, and enterprise systems. Balances Risk and Decision Theory with Case Studies and Exercises After an introduction to engineering risk management, the book covers the fundamental axioms and properties of probability as well as key aspects of decision analysis, such as preference theory and risk/utility functions. It concludes with a series of essays on major analytical topics, including how to identify, write, and represent risks; prioritize risks in terms of their potential impacts on a systems project; and monitor progress when mitigating a risk's potential adverse effects. The author also examines technical performance measures and how they can combine into an index to track an engineering system's overall performance risk. In addition, he discusses risk management in the context of engineering complex, large-scale enterprise systems. Applies Various Methods to Risk Engineering and Analysis Problems This practical guide enables an understanding of which processes and analytical techniques are valid and how they are best applied to specific systems engineering environments. After reading this book, you will be on your way to managing risk on both traditional and advanced engineering systems.
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Book DetailsISBN: 9781584886372
(234mm x 156mm x 20mm)
Imprint: Chapman & Hall/CRC
Publisher: Taylor & Francis Inc
Publish Date: 22-Aug-2008
Country of Publication: United States
Books By Author Paul R. Garvey
Architecture and Principles of Systems Engineering, Hardback (January 2009)» View all books by Paul R. Garvey
Gives readers the foundation and elementary methods to step into the domain of model-based architecture and systems engineering practices. This work explores the fundamentals of systems architecture, describes how it fits into systems engineering, and provides recommendations on how systems architecture should be practiced.
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Author Biography - Paul R. Garvey
The MITRE Corporation, Bedford, Massachusetts, USA
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