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What Every Engineer Should Know About Risk Engineering and ManagementBy John X. Wang
M00002659
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"Explains how to assess and handle technical risk, schedule risk, and cost risk efficiently and effectively--enabling engineering professionals to anticipate failures regardless of system complexity--highlighting opportunities to turn failure into success."
Table of Contents
Risk engineering - dealing with system complexity and engineering dynamics; risk identification - understanding the limits of engineering designs; risk assessment - extending Murphy's law; design for risk engineering - the art of war against failures; risk acceptability - uncertainty in prespective; from risk engineering to risk management; cost risk - interacting with engineering economy; schedule risk - identifying and controlling critical paths; integrated risk management and computer simulation. Appendices: risk assessment software; failure mode and effect analysis software.
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Reviews
"This is the finest book that I have ever seen on Risk Assessment. It provides a detailed analytical approach with a sound scientific basis. The examples are very easy to follow and equations are easy to apply. All good designers should apply this approach in any design where there is a potential for loss of life or destruction of equipment. "
---Richard L. Doyle, PE Past President, Institute of Electrical and Electronics Engineers Principle, Doyle and Associates La Jolla, California
"It is the best and most interesting engineering book that I have ever read. . ..The history sections keep the reader very interested and in the process make it easy to learn the engineering aspects. . .. . . .the book is very easy to read and is an excellent teaching guide. It contains very good and easy to understand examples and explanations. I have remembered what I have learned because I could relate to the book so well. I also found myself looking at things differently to make sure that all risk has been assessed. "
---Mary Jo Armstrong Project Management for Aerospace Lord Corporation Erie, Pennsylvania