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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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Analytical Methods for Risk Management - A Systems Engineering Perspective (Hardcover)
Loot Price: R4,107
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Analytical Methods for Risk Management - A Systems Engineering Perspective (Hardcover)
Series: Statistics: A Series of Textbooks and Monographs
Expected to ship within 12 - 17 working days
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A 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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