enviroClasses : Engineering Risk-Benefit Analysis

Engineering Risk-Benefit Analysis (1.155/2.963/3.577/6.938/10.816/16.862/22.82/ESD.72)

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Summary: Emphasis on three methodologies pertaining to decision making in the presence of uncertainty: reliability and probabilistic risk assessment (RPRA), decision analysis (DA), and cost-benefit analysis (CBA). Risks of particular interest are those associated with large engineering projects such as the development of new products; the building, maintenance and operation of nuclear reactors and space systems. Presents and interprets some of the frameworks helpful for balancing risks and benefits in the situations that typically involve human safety, potential environmental effects, and large financial and technological uncertainties. Review of elementary probability theory and statistics included.

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Prereq: GIR:CAL2
Units: 3-0-9

Emphasis on three methodologies pertaining to decision making in the presence of uncertainty: reliability and probabilistic risk assessment (RPRA), decision analysis (DA), and cost-benefit analysis (CBA). Risks of particular interest are those associated with large engineering projects such as the development of new products; the building, maintenance and operation of nuclear reactors and space systems. Presents and interprets some of the frameworks helpful for balancing risks and benefits in the situations that typically involve human safety, potential environmental effects, and large financial and technological uncertainties. Review of elementary probability theory and statistics included.

G. E. Apostolakis

Materials from this class are available on OpenCourseWare.