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Risk Analysis and the Security Survey, Third EditionRisk Analysis and the Security Survey, Third Edition
Security and risk management are principally concerned with the protection and conservation of corporate assets and resources. The task of protection continues to be an increasingly complex one in a time when technology is creating new products (and thus risk) at an explosive rate. Add this to the crime rate -- now aggravated by domestic and international terrorism -- and the importance of risk analysis and evaluation to design proper protection becomes self-evident.

With an awareness of the growing threat of global terrorism, the third edition of RISK ANALYSIS AND THE SECURITY SURVEY has been completely updated. It includes two new chapters covering disaster recover planning, mitigation, and the evolving methodologies that are a result of the Homeland Security Act. The following topics will also be added and covered among the various chapters: contingency planning, testing of disaster response plan, managing during a crisis, maintaining and testing a response plan (team drills, etc.), bomb threats and suicide bombings, and prevention techniques to better prepare business for new post 9/11 security risks.

- Covers Business Impact Analysis (BIA), Project Planning, Data Collection, Data Analysis and Report of Findings, and Prediction of Criminal Behavior
- Presents updated statistical information and practical case examples
- Helps professionals and students produce more effective results-oriented security surveys

List Price: USD $69.95    Author: James F. Broder    Year: 2006    No. Pages: 392

Risk and Decision Analysis in Projects (Cases in project and program management series)Risk and Decision Analysis in Projects (Cases in project and program management series)
Is there anything more important to the success of a project than making good decisions? This skill is certainly at or near the top of the list. Yet, few of us have had formal training in decision making. Decision analysis is the discipline that helps people choose wisely under conditions of uncertainty. This book introduces risk and decision analysis applied to project management. Probability is the language of uncertainty. Fortunately, a few basic concepts in probability and statistics go a long way toward making better decisions. The evaluation calculations are straightforward, and many everyday problems can be solved with a handheld calculator. Schuyler also explains and demystifies key concepts and techniques, including expected value, optimal decision policy, decision trees, the value of information, Monte Carlo simulation, probabilistic techniques, modeling techniques, judgments and biases, utility and multi-criteria decisions, and stochastic variance.

Some of Schuyler’s tried-and-true tips include:

-The single-point estimate is almost always wrong, so that it is always better to express judgments as ranges. A probability distribution completely expresses someone’s judgment about the likelihood of values within the range.

-We often need a single-value cost or other assessment, and the expected value (mean) of the distribution is the only unbiased predictor. Expected value is the probability-weighted average, and this statistical idea is the cornerstone of decision analysis.

-Some decisions are easy, perhaps aided by quick decision tree calculations on the back of an envelope. Decision dilemmas typically involve risky outcomes, many factors, and the best alternatives having comparable value. We only need analysis sufficient to confidently identify the best alternative. As soon as you know what to do, stop the analysis!

-Be alert to ways to beneficially change project risks. We can often eliminate, avoid, transfer, or mitigate threats in some way. Get to know the people who make their living helping managers sidestep risk. They include insurance agents, partners, turnkey contractors, accountants, trainers, and safety personnel.
List Price: USD $34.95    Author: John Schuyler    Year: 2001    No. Pages: 259


Quantitative Environmental Risk Analysis for Human HealthQuantitative Environmental Risk Analysis for Human Health
A COMPREHENSIVE TEXTBOOK AND REFERENCE FOR QUANTITATIVE ENVIRONMENTAL RISK ANALYSIS FOR BOTH CHEMICAL AND RADIOACTIVE CONTAMINANTS

Environmental risk analysis is complex and interdisciplinary; this book explains the fundamental concepts and analytical methods in each essential discipline. With an emphasis on concepts and applications of quantitative tools plus coverage of analysis of both chemical and radioactive contaminants, this is a comprehensive resource.

After an introduction and an overview of the basics of environmental modeling, the book covers key elements in environmental risk analysis methodology, including:

  • Release assessment and source characterization
  • Migration of contaminants in various media, including surface water, groundwater, the atmosphere, and the food chain
  • Exposure assessment
  • Basic human toxicology and dose-response
  • Risk characterization, including dose-response modeling and analysis
  • Risk management process and methods
  • Risk communication and public participation

This reference also relates risk analysis to current environmental laws and regulations. An ideal textbook for graduate students and upper-level undergraduates in various engineering and quantitative science disciplines, especially civil and environmental engineering, it is also a great reference for practitioners in industry, environmental consulting firms, and regulatory agencies.
List Price: USD $125.00    Author: Robert A. Fjeld    Year: 2007    No. Pages: 390


Risk Analysis: A Quantitative GuideRisk Analysis: A Quantitative Guide
Risk Analysis concerns itself with the quantification of risk, the modeling of identified risks and how to make decisions from those models. Quantitative risk analysis (QRA) using Monte Carlo simulation offers a powerful and precise method for dealing with the uncertainty and variability of a problem. By providing the building blocks the author guides the reader through the necessary steps to produce an accurate risk analysis model and offers general and specific techniques to cope with most modeling problems. A wide range of solved problems is used to illustrate these techniques and how they can be used together to solve otherwise complex problems.
Author: David Vose    Year: 2008    No. Pages: 752

Risk Analysis: Assessing Uncertainties Beyond Expected Values and ProbabilitiesRisk Analysis: Assessing Uncertainties Beyond Expected Values and Probabilities
Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyze, predict, and prepare for the level of risk entailed by these decisions is, therefore, one of the most constant and vital skills needed for analysts, scientists and managers.

Risk analysis can be defined as a systematic use of information to identify hazards, threats and opportunities, as well as their causes and consequences, and then express risk. In order to successfully develop such a systematic use of information, those analyzing the risk need to understand the fundamental concepts of risk analysis and be proficient in a variety of methods and techniques. Risk Analysis adopts a practical, predictive approach and guides the reader through a number of applications.

Risk Analysis:

  • Provides an accessible and concise guide to performing risk analysis in a wide variety of fields, with minimal prior knowledge required.
  • Adopts a broad perspective on risk, with focus on predictions and highlighting uncertainties beyond expected values and probabilities, allowing a more flexible approach than traditional statistical analysis.
  • Acknowledges that expected values and probabilities could produce poor predictions -   surprises may occur.  
  • Emphasizes the planning and use of risk analyses, rather than just the risk analysis methods and techniques, including the statistical analysis tools.
  • Features many real-life case studies from a variety of applications and practical industry problems, including areas such as security, business and economy, transport, oil & gas and ICT (Information and Communication Technology).
  • Forms an ideal companion volume to Aven’s previous Wiley text Foundations of Risk Analysis.

Professor Aven’s previous book Foundations of Risk Analysis presented and discussed several risk analysis approaches and recommended a predictive approach. This new text expands upon this predictive approach, exploring further the risk analysis principles, concepts, methods and models in an applied format. This book provides a useful and practical guide to decision-making, aimed at professionals within the risk analysis and risk management field.
List Price: USD $100.00    Author: Terje Aven    Year: 2008    No. Pages: 204


Fundamentals of Risk Analysis and Risk ManagementFundamentals of Risk Analysis and Risk Management
This book bridges the gap between the many different disciplines used in applications of risk analysis to real world problems. Contributed by some of the world's leading experts, it creates a common information base and language for all risk analysis practitioners, risk managers, and decision makers.Valuable as both a reference for practitioners and a comprehensive textbook for students, Fundamentals of Risk Analysis and Risk Management is a unique contribution to the field. Its broad coverage ranges from basic theory of risk analysis to practical applications, risk perception, legal and political issues, and risk management.
List Price: USD $94.95    Author: Vlasta Molak    Year: 1997    No. Pages: 496

Probabilistic Risk Analysis: Foundations and MethodsProbabilistic Risk Analysis: Foundations and Methods
Probabilistic risk analysis aims to quantify the risk caused by high technology installations in situations where classical statistical analysis is difficult or impossible. This book discusses the fundamental notion of uncertainty, its relationship with probability, and the limits to the quantification of uncertainty. Drawing on extensive experience in the theory and applications of risk analysis, the authors focus on the conceptual and mathematical foundations underlying the quantification, interpretation and management of risk. They cover standard topics as well as important new subjects such as the use of expert judgment and uncertainty propagation.
List Price: USD $106.99    Author: Tim Bedford    Year: 2001    No. Pages: 414

Risk Analysis in Theory and Practice (Academic Press Advanced Finance)Risk Analysis in Theory and Practice (Academic Press Advanced Finance)
The objective of this book is to present this analytical framework and to illustrate how it can be used in the investigation of economic decisions under risk. In a sense, the economics of risk is a difficult subject: it involves understanding human decisions in the absence of perfect information. How do we make decisions when we do not know some of events affecting us? The complexities of our uncertain world and of how humans obtain and process information make this difficult. In spite of these difficulties, much progress has been made. First, probability theory is the corner stone of risk assessment. This allows us to measure risk in a fashion that can be communicated among decision makers or researchers. Second, risk preferences are now better understood. This provides useful insights into the economic rationality of decision making under uncertainty. Third, over the last decades, good insights have been developed about the value of information. This helps better understand the role of information in human decision making and this book provides a systematic treatment of these issues in the context of both private and public decisions under uncertainty.

* Balanced treatment of conceptual models and applied analysis
* Considers both private and public decisions under uncertainty
* Website presents application exercises in EXCEL

List Price: USD $81.95    Author: Jean-Paul Chavas    Year: 2004    No. Pages: 247

Information Security Risk Analysis, Third EditionInformation Security Risk Analysis, Third Edition
List Price: USD $79.95    Author: Thomas R. Peltier    Year: 2010    No. Pages: 456

Risk Analysis in Engineering: Techniques, Tools, and TrendsRisk Analysis in Engineering: Techniques, Tools, and Trends
Based on the author’s 20 years of teaching, Risk Analysis in Engineering: Techniques, Tools, and Trends presents an engineering approach to probabilistic risk analysis (PRA). It emphasizes methods for comprehensive PRA studies, including techniques for risk management. The author assumes little or no prior knowledge of risk analysis on the part of the student and provides the necessary mathematical and engineering foundations. The text relies heavily on, but is not limited to, examples from the nuclear industry, because that is where PRA techniques were first developed. Since PRA provides a best-estimate approach, the author pays special attention to explaining uncertainty characterization.

The book begins with a description of the basic definitions and principles of risk, safety, and performance and presents the elements of risk analysis and their applications in engineering. After highlighting the methods for performing PRAs, the author describes how to assess and measure performance of the building blocks of PRAs, such as reliability of hardware subsystems, structures, components, human actions, and software. He covers methods of characterizing uncertainties and methods for propagating them through the PRA model to estimate uncertainties of the results. The book explores how to identify and rank important and sensitive contributors to the estimated risk using the PRA and performance assessment models. It also includes a description of risk acceptance criteria and the formal methods for making decisions related to risk management options and strategies. The book concludes with a brief review of the main aspects, issues, and methods of risk communication.

Drawing on notes, homework problems, and exams from courses he has taught as well as feedback from his students, Professor Modarres provides a from-the-trenches method for teaching risk assessment for engineers. This is a textbook that is easy to use for students and professors alike.
List Price: USD $136.95    Author: Mohammad Modarres    Year: 2006    No. Pages: 424


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