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Probabilistic risk and hazard assessments are applied to a wide
range of engineering systems, mainly for regulatory reasons needed
for development consent, system certification and occupational
health and safety issues. The purpose of this book is to raise
awareness of the limitations, uncertainties and other issues
inherent in probabilistic risk analysis procedures. Probabilistic
Risk Assessment of Engineering Systems describes: the importance of
probabilistic risk assessment in decision making, i.e. risk
management; types of risk and probabilistic risk analysis
procedures; data needed for the conduct of probabilistic risk
analysis; and acceptable/tolerable risk and other risk acceptance
criteria. In essence, the book provides a multi-disciplinary and
integrated explanation of risk assessment procedures that will
enable the non-specialist reader to gain valuable insights into the
development of risk analysis procedures. Practising engineers and
graduate engineering students across a range of disciplines will
find this book immensely useful.
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