"Examining reliability, availability, and risk analysis and reviewing in probability and statistics essential to understanding reliability methods, this outstanding volume describes day-to-day techniques used by practicing engineers -- discussing important reliability aspects of both components and complex systems. "

Emphasises an introduction and explanation of the practical methods used in reliability, and risk studies with a discussion of their uses and limitations Offers basic and advanced methods in reliability analysis that are commonly used in daily practice Provides methods that address unique topics such as dependent failure analysis, importance analysis, and analysis of repairable systems Presents a comprehensive overview of modern probabilistic life assessment methods such as Bayesian estimation, system reliability analysis, and human reliability Includes many ends of chapter problems, a tools website with computational codes, along with a solutions manual to support course adoptions

Based on the author's 20 years of teaching, Risk Analysis in Engineering: Techniques, Tools, and Trends presents an engineering approach to probabilistic risk analysis (PRA). It emphasizes methods for comprehensive PRA studies, including techniques for risk management. The author assumes little or no prior knowledge of risk analysis on the part of the student and provides the necessary mathematical and engineering foundations. The text relies heavily on, but is not limited to, examples from the nuclear industry, because that is where PRA techniques were first developed. Since PRA provides a best-estimate approach, the author pays special attention to explaining uncertainty characterization.

The book begins with a description of the basic definitions and principles of risk, safety, and performance and presents the elements of risk analysis and their applications in engineering. After highlighting the methods for performing PRAs, the author describes how to assess and measure performance ofthe building blocks of PRAs, such as reliability of hardware subsystems, structures, components, human actions, and software. He covers methods of characterizing uncertainties and methods for propagating them through the PRA model to estimate uncertainties of the results. The book explores how to identify and rank important and sensitive contributors to the estimated risk using the PRA and performance assessment models. It also includes a description of risk acceptance criteria and the formal methods for making decisions related to risk management options and strategies. The book concludes with a brief review of the main aspects, issues, and methods of risk communication.

Drawing on notes, homework problems, and exams from courses he has taught as well as feedback from his students, Professor Modarres provides a from-the-trenches method for teaching risk assessment for engineers. This is a textbook that is easy to use for students and professors alike.

Emphasises an introduction and explanation of the practical methods used in reliability, and risk studies with a discussion of their uses and limitations Offers basic and advanced methods in reliability analysis that are commonly used in daily practice Provides methods that address unique topics such as dependent failure analysis, importance analysis, and analysis of repairable systems Presents a comprehensive overview of modern probabilistic life assessment methods such as Bayesian estimation, system reliability analysis, and human reliability Includes many ends of chapter problems, a tools website with computational codes, along with a solutions manual to support course adoptions

This undergraduate and graduate textbook provides a practical and comprehensive overview of reliability and risk analysis techniques. Written for engineering students and practicing engineers, the book is multi-disciplinary in scope. The new edition has new topics in classical confidence interval estimation; Bayesian uncertainty analysis; models for physics-of-failure approach to life estimation; extended discussions on the generalized renewal process and optimal maintenance; and further modifications, updates, and discussions. The book includes examples to clarify technical subjects and many end of chapter exercises. PowerPoint slides and a Solutions Manual are also available.