What Every Engineer Should Know About Risk Engineering and Management

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CRC Press, Feb 15, 2000 - Technology & Engineering - 264 pages
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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."
 

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Contents

Risk Engineering Dealing with System Complexity and Engineering Dynamics
1
12 RISK ASSESSMENT QUANTIFICATION OF POTENTIAL FAILURES
4
13 RISK ENGINEERING CONVERTING RISK INTO OPPORTUNITIES
7
14 ENGINEERING A PROFESSION OF MANAGING TECHNICAL RISK
12
REFERENCES
16
Risk Identification Understanding the Limits of Engineering Designs
18
FRACTURE AND ITS MECHANICS
22
CRACK INITIATION AND GROWTH
27
REFERENCES
130
From Risk Engineering to Risk Management
132
QUANTIFY RISK TRIANGLE
137
63 PROJECT RISK CONTROL
142
REFERENCES
147
Cost Risk Interacting with Engineering Economy
149
MINIMIZE TOTAL COST
153
IDENTIFY SYSTEM FUNCTION AND NOISE FACTORS
157

TEMPERATURERELATED FAILURE
33
25 SOFTWARE AND RELATED HARD FAILURES
38
REFERENCES
45
Risk Assessment Extending Murphys Law
46
HOW LIKELY IT IS THAT A THING WILL GO WRONG
50
33 RISK ASSESSMENT FOR MULTIPLE FAILURE MODES
54
DEDUCTIVE RISK ASSESSMENT
58
INDUCTIVE RISK ASSESSMENT
69
THE TMI ACCIDENT
72
37 AN INTERNATIONAL RISK SCALE
73
REFERENCE
76
Design for Risk Engineering The Art of War Against Failures
77
UNDERSTAND WHAT AND HOW
81
FAILURE MODE AND EFFECT ANALYSIS
88
44 REDUNDANCY AND FAULT TOLERANCE
97
REFERENCES
106
Risk Acceptability Uncertainty In Perspective
109
HOW BUILDINGS STAND UP
112
53 FROM SAFETY FACTOR TO SAFETY INDEX
116
54 CONVERTING SAFETY INDEX INTO PROBABILITY OF FAILURE
122
PROBABILITY VS CONSEQUENCE
124
BALANCING THE ENGINEERING EQUATION
128
IDENTIFY TOTAL COSTFUNCTION AND CONTROL FACTORS
159
DESIGN MATRIX OF EXPERIMENTS AND DEFINE DATA ANALYSIS
160
CONDUCT EXPERIMENTS AND DATA ANALYSIS
163
PREDICTION OF COSTRISK UNDER SELECTED PARAMETER LEVELS
167
78 LIFECYCLE COST MANAGEMENT LCCM
168
REFERENCES
175
Schedule Risk Identifying and Controlling Critical Paths
177
DRIVER OF SCHEDULE RISK
180
83 FIND AND ANALYZE CRITICAL PATH
183
84 SCHEDULE RISK FOR A SINGLE DOMINANT CRITICAL PATH
186
85 SCHEDULE RISK FOR MULTIPLE CRITICAL PATHS
192
REFERENCES
197
Integrated Risk Management and Computer Simulation
199
92 INTEGRATED RISK MANAGEMENT
201
93 INCORPORATING THE IMPACT OF SCHEDULE RISK
208
94 MONTECARLO SIMULATION
212
REFERENCES
222
Risk Assessment Software
225
Failure Mode and Effect Analysis Software
235
Index
249
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About the author (2000)

Dr. John X. Wang, a manager of reliability engineering at Maytag Corporation, taught Maytag(TM)s Design for Six Sigma training courses. He served as Six Sigma Master Black Belt certified by Visteon (where he led Design for Six Sigma training programs) and as Six-Sigma Black Belt certified by General Electric (where he led Design for Six Sigma best practice projects). He has been an American Society for Quality Certified Reliability Engineer and an International Quality Federation Certified Six Sigma Master Black Belt.
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