An Overview of Risk Analysis Methodology

Format:

Conference/Event

Author/Creator:

Aswad, A. Adnan, author.

Conference Name:

1978 Automotive Engineering Congress and Exposition (1978-02-27 : Detroit, Michigan, United States)

Language:

English

Physical Description:

1 online resource

Place of Publication:

Warrendale, PA SAE International 1978

Summary:

Historically the term Risk Analysis evolved from capital investment studies. However risk is inherent in product development, reliability and safety in addition to cost effectiveness analysis. Often classical probability distributions expressing risk are unavailable; and thus it becomes imperative to assess the personal probability distributions of technical experts. Features of three main assessment methodologies and their applicability for quantifying technological risk are discussed. Implementation procedures and the pitfalls to be avoided are outlined. Sample results of a case study for new product development, which were subsequently used as inputs to a decision and control model are presented

Notes:

Vendor supplied data

Publisher Number:

780167

Access Restriction:

Restricted for use by site license