1st Edition

What Every Engineer Should Know About Risk Engineering and Management

By John X. Wang, Marvin L. Roush Copyright 2000

    "Explains how to assess and handle technical risk, schedule risk, and cost risk efficiently and effectively--enabling engineering professionals to anticipate failures regardless of system complexity--highlighting opportunities to turn failure into success."

    Risk engineering - dealing with system complexity and engineering dynamics; risk identification - understanding the limits of engineering designs; risk assessment - extending Murphy's law; design for risk engineering - the art of war against failures; risk acceptability - uncertainty in prespective; from risk engineering to risk management; cost risk - interacting with engineering economy; schedule risk - identifying and controlling critical paths; integrated risk management and computer simulation. Appendices: risk assessment software; failure mode and effect analysis software.


    John X. Wang, Marvin L. Roush, Marvin

    "This is the finest book that I have ever seen on Risk Assessment. It provides a detailed analytical approach with a sound scientific basis. The examples are very easy to follow and equations are easy to apply. All good designers should apply this approach in any design where there is a potential for loss of life or destruction of equipment. "
    ---Richard L. Doyle, PE Past President, Institute of Electrical and Electronics Engineers Principle, Doyle and Associates La Jolla, California
    "It is the best and most interesting engineering book that I have ever read. . ..The history sections keep the reader very interested and in the process make it easy to learn the engineering aspects. . .. . . .the book is very easy to read and is an excellent teaching guide. It contains very good and easy to understand examples and explanations. I have remembered what I have learned because I could relate to the book so well. I also found myself looking at things differently to make sure that all risk has been assessed. "
    ---Mary Jo Armstrong Project Management for Aerospace Lord Corporation Erie, Pennsylvania