Risk and Systems
With Applications in Infrastructure Project Management
1st Edition
Published on 21. December 2022
206 pages
978-1-000-83311-9 (ISBN)
Description
Risk is related to the magnitude and uncertainty of an output (consequence or outcome); outputs take on different identities in different disciplines and situations. Risk is peculiar to each stakeholder and the measurement scale for risk depends on the stakeholder's value system. Risk management provides a way of addressing the issues associated with the magnitude and uncertainty of outputs. This book provides a distinctively rational treatment of risk and risk management, based on a systems approach. The book's treatment applies to all disciplines and sets out the principles of risk and risk management as well as looking at a range of applications and more specialist tools and approaches. The book:
Develops a risk framework through a systems approach
Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general
The book will suit students and practitioners alike.
Develops a risk framework through a systems approach
Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general
The book will suit students and practitioners alike.
More details
Edition
1. Auflage
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
Professional and scholarly
College/higher education
Illustrations
10 Tables, black and white; 46 Line drawings, black and white; 46 Illustrations, black and white
ISBN-13
978-1-000-83311-9 (9781000833119)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Book
12/2022
1st Edition
CRC Press
€72.20
Shipment within 10-20 days
Book
12/2022
1st Edition
CRC Press
€193.13
Shipment within 10-20 days
Person
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.
Content
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.
