Engineering Risk Management Introduction Objectives and Practices New Challenges Perspectives on Theories of Systems and Risk Introduction General Systems Theory Risk and Decision Theory Engineering Risk Management Foundations of Risk and Decision Theory Introduction Elements of Probability Theory The Value Function Risk and Utility Functions Multiattribute Utility--The Power Additive Utility Function Applications to Engineering Risk Management A Concluding Thought A Risk Analysis Framework in Engineering Enterprise Systems Introduction Perspectives on Engineering Enterprise Systems A Framework for Measuring Enterprise Capability Risk A Risk Analysis Algebra Information Needs for Portfolio Risk Analysis The "Cutting Edge" An Index to Measure Risk Co-Relationships Introduction RCR Postulates, Definitions, and Theory Computing the RCR Index Applying the RCR Index: A Resource Allocation Example Summary Functional Dependency Network Analysis Introduction FDNA Fundamentals Weakest Link Formulations FDNA (α, β) Weakest Link Rule Network Operability and Tolerance Analyses Special Topics Summary A Decision-Theoretic Algorithm for Ranking Risk Criticality Introduction A Prioritization Algorithm A Model for Measuring Risk in Engineering Enterprise Systems A Unifying Risk Analytic Framework and Process Summary Random Processes and Queuing Theory Introduction Deterministic Process Random Process Markov Process Queuing Theory Basic Queuing Models Applications to Engineering Systems Summary Extreme Event Theory Introduction to Extreme and Rare Events Extreme and Rare Events and Engineering Systems Traditional Data Analysis Extreme Value Analysis Extreme Event Probability Distributions Limit Distributions Determining Domain of Attraction Using Inverse Function Determining Domain of Attraction Using Graphical Method Complex Systems and Extreme and Rare Events Summary Prioritization Systems in Highly Networked Environments Introduction Priority Systems Types of Priority Systems Summary Risks of Extreme Events in Complex Queuing Systems Introduction Risk of Extreme Latency Conditions for Unbounded Latency Conditions for Bounded Latency Derived Performance Measures Optimization of PS Summary Appendix: Bernoulli Utility and the St. Petersburg Paradox References Index Questions and Exercises appear at the end of each chapter. R>A Risk Analysis Algebra Information Needs for Portfolio Risk Analysis The "Cutting Edge" An Index to Measure Risk Co-Relationships Introduction RCR Postulates, Definitions, and Theory Computing the RCR Index Applying the RCR Index: A Resource Allocation Example Summary Functional Dependency Network Analysis Introduction FDNA Fundamentals Weakest Link Formulations FDNA (α, β) Weakest Link Rule Network Operability and Tolerance Analyses Special Topics Summary A Decision-Theoretic Algorithm for Ranking Risk Criticality Introduction A Prioritization Algorithm A Model for Measuring Risk in Engineering Enterprise Systems A Unifying Risk Analytic Framework and Process Summary Random Processes and Queuing Theory Introduction Deterministic Process Random Process Markov Process Queuing Theory Basic Queuing Models Applications to Engineering Systems Summary Extreme Event Theory Introduction to Extreme and Rare Events Extreme and Rare Events and Engineering Systems Traditional Data Analysis Extreme Value Analysis Extreme Event Probability Distributions Limit Distributions Determining Domain of Attraction Using Inverse Function Determining Domain of Attraction Using Graphical Method Complex Systems and Extreme and Rare Events Summary Prioritization Systems in Highly Networked Environments Introduction Priority Systems Types of Priority Systems Summary Risks of Extreme Events in Complex Queuing Systems Introduction Risk of Extreme Latency Conditions for Unbounded Latency Conditions for Bounded Latency Derived Performance Measures Optimization of PS Summary Appendix: Bernoulli Utility and the St. Petersburg Paradox References Index Questions and Exercises appear at the end of each chapter. tems A Unifying Risk Analytic Framework and Process Summary Random Processes and Queuing Theory Introduction Deterministic Process Random Process Markov Process Queuing Theory Basic Queuing Models Applications to Engineering Systems Summary Extreme Event Theory Introduction to Extreme and Rare Events Extreme and Rare Events and Engineering Systems Traditional Data Analysis Extreme Value Analysis Extreme Event Probability Distributions Limit Distributions Determining Domain of Attraction Using Inverse Function Determining Domain of Attraction Using Graphical Method Complex Systems and Extreme and Rare Events Summary Prioritization Systems in Highly Networked Environments Introduction Priority Systems Types of Priority Systems Summary Risks of Extreme Events in Complex Queuing Systems Introduction Risk of Extreme Latency Conditions for Unbounded Latency Conditions for Bounded Latency Derived Performance Measures Optimization of PS Summary Appendix: Bernoulli Utility and the St. Petersburg Paradox References Index Questions and Exercises appear at the end of each chapter. ed Environments Introduction Priority Systems Types of Priority Systems Summary Risks of Extreme Events in Complex Queuing Systems Introduction Risk of Extreme Latency Conditions for Unbounded Latency Conditions for Bounded Latency Derived Performance Measures Optimization of PS Summary Appendix: Bernoulli Utility and the St. Petersburg Paradox References Index Questions and Exercises appear at the end of each chapter.