| Type: | Open University
Language: English |
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Previous course: 76810
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No credit points with: 76810
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Prerequisite: 01020/01021
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Desirable: Knowledge of basic probability calculus
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Recommended semester: 4th, 6th or 7th semester
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Scope and form: Lectures and exercises.
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Examination: Evaluation of reports (13-scale)
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Participant limitation: min. 5
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Department: Department of Naval Architecture and Offshore Engineering
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Aim: The primary objective of the course is to acquaint the student acquainted with a set of tools for performing risk analysis and for decision making under uncertainty.
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Contents: The fundamental aspects within the field risk analysis will be presented. This part of the course covers event trees, fault trees and Bayesian Networks in connection with methods for the analysis of these. The course will also introduce systematic methods for identifying risk agents - among others the so-called HAZOP analysis.
The decision theoretic part of the course covers influence diagrams under conflicting objectives.
Examples will often be taken from the marine industry. After the course it is the aim that the student:
- understands the fundamental aspects and pitfalls of risk analysis.
- is able to perform and review conducted risk analysis.
- is able to apply the tools of decision analysis to aid decision making under uncertainty.
- can employ decision analytic methods in intelligent information processing systems.
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