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Introduction to Risk and Failures - Tools and Methodologies (Paperback)
Loot Price: R1,861
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Introduction to Risk and Failures - Tools and Methodologies (Paperback)
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Risk is everywhere, in everything we do. Realizing this fact, we
all must try to understand this "risk" and if possible to minimize
it. This book expands the conversation beyond failure mode and
effects analysis (FMEA) techniques. While FMEA is indeed a powerful
tool to forecast failures for both design and processes, it is
missing methods for considering safety issues, catastrophic events,
and their consequences. Focusing on risk, safety, and HAZOP as they
relate to major catastrophic events, Introduction to Risk and
Failures: Tools and Methodologies addresses the process and
implementation as well as understanding the fundamentals of using a
risk methodology in a given organization for evaluating major
safety and/or catastrophic problems. The book identifies and
evaluates five perspectives through which risk and uncertainty can
be viewed and analyzed: individual and societal concerns,
complexity in government regulations, patterns of employment, and
polarization of approaches between large and small organizations.
In addition to explaining what risk is and exploring how it should
be understood, the author makes a distinction between risk and
uncertainty. He elucidates more than 20 specific methodologies
and/or tools to evaluate risk in a manner that is practical and
proactive but not heavy on theory. He also includes samples of
checklists and demonstrates the flow of analysis for any type of
hazard. Written by an expert with more than 30 years of experience,
the book provides from-the-trenches examples that demonstrate the
theory in action. It introduces methodologies such as ETA, FTA, and
others which traditionally have been used specifically in
reliability endeavors and details how they can be used in risk
assessment. Highly practical, it shows you how to minimize or
eliminate risks and failures for any given project or in any given
work environment.
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