A study of technological systems, where decisions are made under conditions of risk and uncertainty. Topics include conceptualization (the nature, perception, and epistemology of risk, and the process of risk assessment and management) systems engineering tools for risk analysis (basic concepts in probability and decision analysis, event trees, decision trees, and multi-objective analysis), and methodologies for risk analysis (hierarchical holographic modeling, uncertainty taxonomy, risk of rare and extreme events, statistics of extremes, partitioned multi-objective risk method, multi-objective decision trees, fault trees, multi-objective impact analysis method, uncertainty sensitivity index method, and filtering, ranking, and management method). Case studies are examined.
|5:00 - 6:15 PM||•||5:00 - 6:15 PM||•||•||•|
Dr. William Guilford • Ph: 434-243-2740