Risk and uncertainty are rarely evaluated as an integral part of the planning process. An array of risks—from hydrocarbon potential and operating characteristics, to political or market factors—can ...

Although probabilistic risk analysis methods have been available to engineering and construction practitioners for decades, their use is not pervasive in industry today. To determine why their use is ...

Learn to address the likelihood of structural failure. Perform risk analysis associated with environmental loads to structures under static and dynamic loadings. Master the basics of performance-based ...

Risk management involves a three-step procedure: hazard identification, risk assessment, and risk mitigation in case of unacceptable risk levels. In fact, the hazard identification process should ...