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This textbook takes a distinctively systems approach to the principles of risk, uncertainty and risk management, outlining a series of applications and more specialist tools and approaches. It offers a rational treatment of risk and risk management which applies across all disciplines, for university students and practitioners.
List of contents
Part A: Development. 1. Introduction. 2. Some Fundamental Systems Ideas. 3. What is Risk?. 4. Risk Management (RM). 5. RM Step - Definition and Context. 6. RM Step - Risk Source Identification. 7. RM Step - Analysis and Evaluation. 8. RM Step - Response. 9. RM Summary. Part B: Applications. 10. Project Delivery Methods. 11. Risk Allocation in Contracts. 12. Workplace Health and Safety. 13. Management and Project Management. 14. Tenders and Contracts. 15. Project-Related Risk. 16. P50 - P90 Project Cost Estimates - Rationale. 17. Options. 18. Accounting, Finance and Economics. 19. Reliability. 20. Fault Trees, Event Trees.
About the author
David G. Carmichael is Emeritus Professor of Civil Engineering at the University of New South Wales, Distinguished Adjunct Professor with the Asian Institute of Technology, Fellow of the Royal Society of New South Wales, Fellow of the Institution of Engineers Australia and Life Member of the American Society of Civil Engineers.
Summary
This textbook takes a distinctively systems approach to the principles of risk, uncertainty and risk management, outlining a series of applications and more specialist tools and approaches. It offers a rational treatment of risk and risk management which applies across all disciplines, for university students and practitioners.