An introduction to risk assessment that utilizes key theory and
state-of-the-art applications




With its balanced coverage of theory and applications along with
standards and regulations, Risk Assessment: Theory, Methods, and
Applications serves as a comprehensive introduction to the
topic. The book serves as a practical guide to current risk
analysis and risk assessment, emphasizing the possibility of
sudden, major accidents across various areas of practice from
machinery and manufacturing processes to nuclear power plants and
transportation systems.


The author applies a uniform framework to the discussion of each
method, setting forth clear objectives and descriptions, while also
shedding light on applications, essential resources, and advantages
and disadvantages. Following an introduction that provides an
overview of risk assessment, the book is organized into two
sections that outline key theory, methods, and applications.






Introduction to Risk Assessment defines key concepts and
details the steps of a thorough risk assessment along with the
necessary quantitative risk measures. Chapters outline the overall
risk assessment process, and a discussion of accident models and
accident causation offers readers new insights into how and why
accidents occur to help them make better assessments.





Risk Assessment Methods and Applications carefully
describes the most relevant methods for risk assessment, including
preliminary hazard analysis, HAZOP, fault tree analysis, and event
tree analysis. Here, each method is accompanied by a self-contained
description as well as workflow diagrams and worksheets that
illustrate the use of discussed techniques. Important problem areas
in risk assessment, such as barriers and barrier analysis, human
errors, and human reliability, are discussed along with uncertainty
and sensitivity analysis.






Each chapter concludes with a listing of resources for further
study of the topic, and detailed appendices outline main results
from probability and statistics, related formulas, and a listing of
key terms used in risk assessment. A related website features
problems that allow readers to test their comprehension of the
presented material and supplemental slides to facilitate the
learning process.


Risk Assessment is an excellent book for courses on risk
analysis and risk assessment at the upper-undergraduate and
graduate levels. It also serves as a valuable reference for
engineers, researchers, consultants, and practitioners who use risk
assessment techniques in their everyday work.