Event Tree - Analytical Tool

Analytical Tool

Event tree analysis is a logical evaluative process which works by tracing forward in time or forwards through a causal chain to model risk. It does not require the premise of a known hazard. An event tree is a inductive investigatory process.

In contrast, the Fault Tree Analysis (FTA) evaluates risk by tracing backwards in time or backwards through a cause chain. The analysis takes as a premise a given hazard. FTA is a deductive investigatory process.

Read more about this topic:  Event Tree

Famous quotes containing the words analytical and/or tool:

    I have seen too much not to know that the impression of a woman may be more valuable than the conclusion of an analytical reasoner.
    Sir Arthur Conan Doyle (1859–1930)

    Is it not possible that an individual may be right and a government wrong? Are laws to be enforced simply because they were made? or declared by any number of men to be good, if they are not good? Is there any necessity for a man’s being a tool to perform a deed of which his better nature disapproves?
    Henry David Thoreau (1817–1862)