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Risk Picture—Definitions and Characteristics

In: Offshore Risk Assessment Vol. 1

Author

Listed:
  • Jan-Erik Vinnem

    (Norwegian University of Science and Technology)

  • Willy Røed

    (University of Stavanger)

Abstract

This chapter presents the definitions of risk, the various elements of risk, and how to present the various dimensions of risk. Uncertainties are discussed based on a Bayesian perspective, and finally are some basic modelling concepts introduced, such as defence in depth, barriers, root causes and Risk Influencing Factors.

Suggested Citation

  • Jan-Erik Vinnem & Willy Røed, 2020. "Risk Picture—Definitions and Characteristics," Springer Series in Reliability Engineering, in: Offshore Risk Assessment Vol. 1, edition 4, chapter 2, pages 25-75, Springer.
    • Handle: RePEc:spr:ssrchp:978-1-4471-7444-8_2
    DOI: 10.1007/978-1-4471-7444-8_2
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