Risk Management for the Future - Theory and Cases 2012
DOI: 10.5772/37737
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The Deterministic and Stochastic Risk Assessment Techniques in the Work Sites: A FTA-TRF Case Study

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“…Marhavilas & Koulouriotis [20], points out that most risk analysis are in two categories namely deterministic (quantitative & qualitative) and stochastic (statistics & forecasting). The stochastic approach used is presented in Table 1.…”
Section: Risk Assessment and Analysis Techniquesmentioning
confidence: 99%
See 1 more Smart Citation
“…Marhavilas & Koulouriotis [20], points out that most risk analysis are in two categories namely deterministic (quantitative & qualitative) and stochastic (statistics & forecasting). The stochastic approach used is presented in Table 1.…”
Section: Risk Assessment and Analysis Techniquesmentioning
confidence: 99%
“…The safety and maintenance of assets and system can benefit immensely by utilisation of probability distributions from generated work site data [20,21]. The following probability distributions with capability of dealing with the reliability of the structural health and safety of systems are presented.…”
Section: Probability Distribution Of Repair and Maintainabilitymentioning
confidence: 99%