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Risk and Systems by David G. Carmichael
Risk and Systems by David G. Carmichael
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Risk and Systems

With Applications in Infrastructure Project Management
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Description

Risk is related to the magnitude and uncertainty of an output (consequence or outcome); outputs take on different identities in different disciplines and situations. Risk is peculiar to each stakeholder and the measurement scale for risk depends on the stakeholder’s value system. Risk management provides a way of addressing the issues associated with the magnitude and uncertainty of outputs. This book provides a distinctively rational treatment of risk and risk management, based on a systems approach. The book’s treatment applies to all disciplines and sets out the principles of risk and risk management as well as looking at a range of applications and more specialist tools and approaches. The book: Develops a risk framework through a systems approach Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general The book will suit students and practitioners alike.

Author Biography:

David G. Carmichael is Emeritus Professor of Civil Engineering at the University of New South Wales, Distinguished Adjunct Professor with the Asian Institute of Technology, Fellow of the Royal Society of New South Wales, Fellow of the Institution of Engineers Australia and Life Member of the American Society of Civil Engineers.
Release date Australia
December 21st, 2022
Audiences
  • Professional & Vocational
  • Undergraduate
Illustrations
10 Tables, black and white; 46 Line drawings, black and white; 46 Illustrations, black and white
Pages
190
ISBN-13
9781032381213
Product ID
35931619

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