Risk and Reliability in Marine Technology
Editor(s): Carlos Guedes Soares, CENTEC, Technical University of Lisbon, Portugal
1998, by CRC Press/Balkema - 600 Pages, Hardback £134.00 ISBN 9789054106845

Experience has shown that introducing risk analysis in the initial phases of any design often has important beneficial effects on both safety and economy. It has also become well accepted that structural design can occur on a sounder basis if the concepts of structural reliability are applied, in that they provide a consistent base to deal with uncertainties and to establish safety factors. Finally the operational cost of running installations depends very much on the maintenance policies applied and these in turn can translate their efficiency in terms of reliability of the systems that are maintained. The mathematical tools available to deal with these different types of problems are are somewhat different, but they have several common features. The main one is the use of probalistic models to predict the probability of failure or its complement reliability.

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