... reliable and available, comparable to industrial facilities, a holistic and systematic method for equipment protection is, if not necessary, highly beneficial. This paper describes the development of a risk management method named functional protection, and benchmarks its lifecycle steps toward the IEC...

... with the given length. The simultaneous appearance of two or more critical events during the operational interval is a common source of system failures. Computational reliability methods Probability Random Risk Risk management 31 08 2016 01 08 2017 Manuscript received August 31...

...Yan Wang; Laura Swiler 07 07 2017 25 07 2017 Reliability based design Resilience Risk assessment Risk management Uncertainty The importance of uncertainty has been recognized in various modeling, simulation, and analysis applications, where inherent assumptions...

... Pourgol-Mohammad. 28 01 2016 16 03 2017 Risk management Safety Incidents 1 that occur in the workplace cause harm to employees, equipment, and the environment. In 2010, there were over 3 million cases of work-related nonfatal injuries...

... , “ System Safety and Risk Management ,” NIOSH Instructional Module, A Guide for Engineering Educators, National Institute for Occupational Safety and Health, Cincinnati, OH, pp. IX–3 – IX–7 . 1 Corresponding author. Manuscript received January 28, 2016; final manuscript received January 4...

... June 17, 2015; final manuscript received November 25, 2015; published online July 1, 2016. Assoc. Editor: Michael Beer. 17 6 2015 25 11 2015 1 12 2015 Electrocution Risk Risk analysis Risk management Safety Shocks Reliability The authors would like to acknowledge...

... of the risk. These units are responsible for the risk management and are concerned about what the actual consequences will be; they acknowledge that the risk descriptions used as input to the decision-making have limitations and are conditional on K . In the offshore example, the decision-maker could...

... received November 25, 2015; published online July 1, 2016. Assoc. Editor: Michael Beer. 17 6 2015 25 11 2015 4 12 2015 Electrocution Risk Risk analysis Risk assessment Risk management Safety Shocks This study is concerned with electric-current-induced drowning...

... positive or negative effects on the project objectives [ 1 ]. Risk management process can play a crucial role in improving the efficiency of projects through decreasing or omitting the negative consequences resulted from risk, and it can also be influential in increasing the positive effects imposed...

... received January 15, 2015; published online April 20, 2015. Assoc. Editor: Athanasios Pantelous. 30 8 2014 15 1 2015 05 02 2015 20 04 2015 Management Risk analysis Risk assessment Risk management This paper develops an interval methodology to explore the dynamics...

...(92)90097-C 19 9 2014 3 2 2015 05 02 2015 20 04 2015 Economic Insurance Management Risk management Risk-based optimisation Applications of the optimal control theory to insurance literature have a long history. De Finetti [ 1 ] and Borch [ 2 ] first applied...

... that allowing for structural break, where present, improves the forecast result significantly. Insurance Risk management Table 1 The stochastic mortality models Name Model and name M1 Lee–Carter [ 2 ] ln ( m x , t ) = a x + b x κ t...