A cost estimate for a project such as the acquisition of a new aircraft or satellite system carries with it an inherent probability that the actual cost will ex

Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyse, communicate and control the level of risk entailed by these de

Explores methods for the representation and treatment of uncertainty in risk assessment In providing guidance for practical decision-making situations concernin

The authors explain the ways in which uncertainty is an important factor in the problems of risk and policy analysis. This book outlines the source and nature o

Based on the author's 20 years of teaching, Risk Analysis in Engineering: Techniques, Tools, and Trends presents an engineering approach to probabilistic risk a