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Principles of Risk Analysis - Decision Making Under Uncertainty (Hardcover, 2nd edition)
Loot Price: R6,926
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Principles of Risk Analysis - Decision Making Under Uncertainty (Hardcover, 2nd edition)
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In every decision problem there are things we know and things we do
not know. Risk analysis science uses the best available evidence to
assess what we know while it is carefully intentional in the way it
addresses the importance of the things we do not know in the
evaluation of decision choices and decision outcomes. The field of
risk analysis science continues to expand and grow and the second
edition of Principles of Risk Analysis: Decision Making Under
Uncertainty responds to this evolution with several significant
changes. The language has been updated and expanded throughout the
text and the book features several new areas of expansion including
five new chapters. The book's simple and straightforward
style-based on the author's decades of experience as a risk
analyst, trainer, and educator-strips away the mysterious aura that
often accompanies risk analysis. Features: Details the tasks of
risk management, risk assessment, and risk communication in a
straightforward, conceptual manner Provides sufficient detail to
empower professionals in any discipline to become risk
practitioners Expands the risk management emphasis with a new
chapter to serve private industry and a growing public sector
interest in the growing practice of enterprise risk management
Describes dozens of quantitative and qualitative risk assessment
tools in a new chapter Practical guidance and ideas for using risk
science to improve decisions and their outcomes is found in a new
chapter on decision making under uncertainty Practical methods for
helping risk professionals to tell their risk story are the focus
of a new chapter Features an expanded set of examples of the risk
process that demonstrate the growing applications of risk analysis
As before, this book continues to appeal to professionals who want
to learn and apply risk science in their own professions as well as
students preparing for professional careers. This book remains a
discipline free guide to the principles of risk analysis that is
accessible to all interested practitioners. Files used in the
creation of this book and additional exercises as well as a free
student version of Palisade Corporation's Decision Tools Suite
software are available with the purchase of this book. A less
detailed introduction to the risk analysis science tasks of risk
management, risk assessment, and risk communication is found in
Primer of Risk Analysis: Decision Making Under Uncertainty, Second
Edition, ISBN: 978-1-138-31228-9.
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