Advanced Risk Analysis in Engineering Enterprise Systems

"The book develops several topics in risk analysis, including models and measurement of engineering risks, capability portfolio risk analysis and management, functional dependency network analysis, and extreme-event theory. Several chapters present some tools from applied probability and statistics ... A reader with main interest in statistics may find in these chapters several ideas about the use of specific statistical tools in applied engineering. Questions and exercises are provided in each chapter to help the reader understand the main topics."
―Fabrizio Durante, International Statistical Review, 2014

"...excellent references ... appropriate for risk engineers or quality professionals wishing to gain a comprehensive understanding of the engineering or mathematics behind advanced risk analysis. ... I would certainly recommend this book to anyone working in high-risk, complex environments, such as nuclear, aerospace or explosives."
―Paul Naysmith, Quality World

"The book is a decidedly unique and rigorous treatment of selected topics in engineering systems risk analysis and management. The narrative is notably modern and clear. The mathematical formalism is comprehensive and advanced while remaining accessible for those involved in engineering complex systems. This is foremost a book of exciting and innovative ideas for the field, exceeding what might easily have been a rote assembly of worn methods or re-introduction of the works of others. It will be of long-standing appeal to practitioners engaged in the analysis of risk in engineering enterprise systems. The book will also appeal to scholars and researchers who will benefit from the advanced and fresh thinking it offers readers. The book will improve the systems engineering community’s ability to address enterprise design risk assessment and management across a system’s lifecycle."
―Professor James Lambert, Associate Director, Center for Risk Management of Engineering Systems, University of Virginia