Risk Analysis (engineering)

Risk Analysis (engineering)

Risk analysis is the science of risks and their probability and evaluation.

Probabilistic risk assessment is one analysis strategy usually employed in science and engineering.

Read more about Risk Analysis (engineering):  Risk Analysis and The Risk Workshop, Risk Analysis and Information Security

Famous quotes containing the words risk and/or analysis:

    “Kemmerick: He’s dead. He’s dead.
    Katczinsky: Why did you risk your life bringing him in?
    Kemmerick: But it’s Behm. My friend.
    Katczinsky: It’s a corpse, no matter who it is.”
    —Maxwell Anderson (1888–1959)

    “Cubism had been an analysis of the object and an attempt to put it before us in its totality; both as analysis and as synthesis, it was a criticism of appearance. Surrealism transmuted the object, and suddenly a canvas became an apparition: a new figuration, a real transfiguration.”
    —Octavio Paz (b. 1914)