{"product_id":"risk-management-with-applications-from-the-offshore-petroleum-industry-9781849966382","title":"Risk Management: With Applications from the Offshore Petroleum Industry","description":"\u003cp\u003e • Author(s): Terje Aven\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer\u003cbr\u003e • BISAC: Industrial Engineering\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eRisk management is a process to assist in the decision-making. The risk management process takes the potential hazards as a starting point, in order to identify suitable arrangements and measures for accident prevention and emergency response in case of an incident. Risk management is a useful approach to satisfy functional regulatory requirements to safety. Technological developments, organisational changes and increased demand for efficiency have influenced the vulnerability of our society. Thus, safety and risk management is becoming an important field.\u003c\/p\u003e \u003cp\u003e\u003cem\u003eRisk Management with Applications from the Offshore Petroleum Industry\u003c\/em\u003e presents an in-depth discussion of some fundamental principles of risk management, related to the use of expected values, uncertainty handling and risk acceptance criteria. A decision framework for risk management is developed that provides a structure for the classification of risk decision problems and a procedure for the execution of the related decision-making processes. Several examples from the offshore petroleum industry are included to illustrate the use of the framework, but it can also be applied in other areas.\u003c\/p\u003e \u003cp\u003eWith the inclusion of a risk management framework designed to achieve better decisions and therefore more desirable outcomes, \u003cem\u003eRisk Management with Applications from the Offshore Petroleum Industry\u003c\/em\u003e is a valuable resource for practitioners in the industry, engineering managers and regulatory authorities. Graduate students and researchers in risk management will find this book a comprehensive reference.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eDr Terje Aven\u003c\/strong\u003e and \u003cstrong\u003eDr Jan Erik Vinnem\u003c\/strong\u003e are Professors of Risk Analysis and Management at the University of Stavanger, Norway.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eSpringer Series in Reliability Engineering\u003c\/strong\u003e publishes high-quality books in important areas of current theoretical research and development in reliability, and in areas that bridge the gap between theory and application in areas of interest to practitioners in industry, laboratories, business, and government.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":45274891354263,"sku":"9781849966382","price":11017.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781849966382.webp?v=1769281251","url":"https:\/\/atlanticbooks.com\/products\/risk-management-with-applications-from-the-offshore-petroleum-industry-9781849966382","provider":"Atlantic Books","version":"1.0","type":"link"}