Abstract:The two aspects of risk assessment for an event are likelihood of occurrence of the event and the consequence of the event given its occurrence. A typical risk matrix where several events would usually be plotted is shown in Figure 45.1.Composite structures are often used in situations where they are subjected to multiple environments and combined loads. They can fail in a variety of modes, some of which have dire consequences. Knowledge of the risk-likelihood/consequence space is required for proper risk mana… Show more
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