TPK 5160 Risk Analysis

Objective

The course gives an introduction to basic concepts and methods for risk analysis, and how risk analyses are applied in different industries and applications.

Prerequisites

Basic course in probability theory.

Course Description

Definition and discussion of basic concepts of risk analysis. Risk measures. Risk acceptance criteria. Qualitative and quantitative methods for risk analysis, like preliminary hazard analysis, HAZOP, fault tree analysis, and event tree analysis. Analyis of human errors and organizational factors. Barrier analysis. Identification and analysis of common cause failures. data sources and uncertainties. Rules, standards, and guidelines. Risk reduction and cost/benefit analysis. Survey of how risk analyses are performed within different industries and applications.

Lectures and Exercises

Lectures, project work and exercises. A mandatory project shall be carried out as group work, and will count 30% in the evaluation. The lectures and exercises are in English when students who do not speak Norwegian take the course.

Per week: 3 hours lecture, 2 hours exercises, 7 hours self study.

Schedule of lectures (preliminary)

Course Material

Special course compendium.

Responsible Professor

Adj. Professor Stein Haugen