Engineering Risk Management

Thierry Meyer, Ecole Polytechnique Fédérale de Lausanne, Switzerland; Genserik Reniers, University of Antwerp, Belgium.

• From the Contents:Preface: Is risk management only a matter of financial? Introduction to engineering and managing risks - ISO31000- Hazards and risks- Risk perception- Objectives of engineering risk management (Risk Identification, Risk Analysis, Risk Handling, Risk Monitoring)- Management techniquesRisk management principles- Introduction to risk management- Heinrich pyramid- Incident/accident- Risk modeling (static and dynamic)Risk evaluation and prioritization- PDCA (PlanDoCheckAct) concept, Deming wheel - Crisis management (example Katrina Hurricane)- High Reliability Organizations and systemic risksRisk diagnostic and analysis- Introduction to risk assessment techniques- HAZOP- FMECA- FTA / ETA- Risk matrixRisk treatment/reduction- Prevention- Protection- Precautionary principle- Risk mitigation; STOP (strategic, technical, operational and personal) principle- Risk recording- Risk management plan- Business continuity planEvent analysis- How and why analyzing accidents- Anatomy of an accident- The causal tree method- ExamplesExamples of practical implementation of engineering risk management- Chemistry field- Physical hazards (lasers, cryogenics, ..)- Emerging technologies (nanoparticles)