Risk-Based Reliability Analysis and Generic Principles for Risk Reduction

Hardcover | December 9, 2006

byMichael T. TodinovEditorMichael T. Todinov

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This book has been written with the intention to fill two big gaps in the reliability and risk literature: the risk-based reliability analysis as a powerful alternative to the traditional reliability analysis and the generic principles for reducing technical risk. An important theme in the book is the generic principles and techniques for reducing technical risk. These have been classified into three major categories: preventive reducing the likelihood of failure , protective reducing the consequences from failure and dual reducing both, the likelihood and the consequences from failure . Many of these principles for example: avoiding clustering of events, deliberately introducing weak links, reducing sensitivity, introducing changes with opposite sign, etc. are discussed in the reliability literature for the first time. Significant space has been allocated to component reliability. In the last chapter of the book, several applications are discussed of a powerful equation which constitutes the core of a new theory of locally initiated component failure by flaws whose number is a random variable. Offers a shift in the existing paradigm for conducting reliability analyses Covers risk-based reliability analysis and generic principles for reducing risk Provides a new measure of risk based on the distribution of the potential losses from failure as well as the basic principles for risk-based design Incorporates fast algorithms for system reliability analysis and discrete-event simulators Includes the probability of failure of a structure with complex shape expressed with a simple equation

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From the Publisher

This book has been written with the intention to fill two big gaps in the reliability and risk literature: the risk-based reliability analysis as a powerful alternative to the traditional reliability analysis and the generic principles for reducing technical risk. An important theme in the book is the generic principles and techniques ...

From the Jacket

This is the first book covering risk-based reliability analysis and generic principles for reduction of technical risk.Traditionally, reliability analyses have been oriented towards selecting the system with the largest reliability. On the basis of counterexamples, we demonstrate that selecting the more reliable system does not necessa...

Prof. Todinov's background is Engineering, Mathematics and Computer Science. He holds a PhD and a higher doctorate (DEng) from the University of Birmingham. His name is associated with key results in the areas: Reliability and Risk, Flow networks, Probability, Statistics of inhomogeneous media, Theory of phase transformations, Residual...

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Hardcover|Feb 1 2013

$136.47 online$137.95list price
Format:HardcoverDimensions:400 pages, 9.45 × 6.5 × 0.98 inPublished:December 9, 2006Publisher:Elsevier Science & TechLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0080447287

ISBN - 13:9780080447285

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Extra Content

Table of Contents

Preface
1. Risk-based reliability analysis - a powerful alternative to the traditional reliability analysis
2. Basic reliability concepts and conventions used for determining the losses from failures
3. Methods for analysis of complex reliability networks
4. Probabilistic risk assessment and risk management
5. Potential loss from failure for non-repairable components and systems with multiple failure modes
6. Losses from failures for repairable systems with components logically arranged in series
7. Reliability analysis of complex repairable systems based on constructing the distribution of the potential losses
8. Reliability value analysis for complex systems
9. Reliability allocation based on minimising the total cost
10. Generic approaches to reducing the likelihood of critical failures
11. Specific principles for reducing the likelihood of failures
12. Reducing the risk of failure by reducing the negative impact from the variability of design parameters
13. Generic solutions for reducing the likelihood of overstress and wearout failures
14. Reducing the risk of failure by removing latent faults, and avoiding common cause failures
15. Consequence analysis and generic principles for reducing the consequences from failures
16. Locally initiated failures and risk reduction
Appendix A
References

Editorial Reviews

"The referee finds this book quite interesting and recommends to the students of reliability and researchers to have a closer look at it so that further research can be initiated to develop tools hitherto were not possible and a realist approach to risk-based reliability design of systems is possible. This book should be a good addition to a library of books on reliability and risk."--International Journal of Performability Engineering