This succinct text explains how to assess and handle technical
risk, schedule risk, and cost risk efficiently and
effectively-enabling engineering professionals to anticipate
failures regardless of system complexity-highlighting opportunities
to turn failure into success. Introduces the term "risk
engineering" for controlling technical risk through identification,
analysis, design, and process management What Every Engineer Should
Know About Risk Engineering and Management reveals strategies for
identifying the limitations and breaking points of engineering
designs predicts the likelihood of designs going wrong and
considers the consequences bases acceptable risk on the extent to
which material strength, engineering design, manufacturing process,
and operational environments can be controlled shows how to find
the initiators and major contributors to cost risk and avoid
wasting scarce resources illustrates how to identify critical paths
to deliver products within a specified period of time presents a
framework for integrated risk management aided by computer
simulation emphasizes failure mode and effect analysis (FMEA)
includes fault and event tree analysis describes Taguchi's robust
design defines life cycle cost management (LCCM) and more What
Every Engineer Should Know About Risk Engineering and Management is
a vital, forward-looking reference for mechanical, civil,
electrical and electronics, materials, chemical, mineral, cost,
quality, reliability, industrial, developmental, safety, forensic,
and consulting engineers; architects; project managers; and a
superb text for upper-level undergraduate, graduate, and
continuing-education students in these disciplines.
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