Risk Management: With Applications from the Offshore Petroleum Industry (Springer Series in Reliability Engineering)

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Product Description

This book presents a risk management framework designed to achieve better decisions and more desirable outcomes. It presents an in-depth discussion of some fundamental principles of risk management related to the use of expected values, uncertainty handling, and risk acceptance criteria. Several examples from the offshore petroleum industry are included to illustrate the use of the framework, but it can also be applied in other areas.

Risk Management: With Applications from the Offshore Petroleum Industry (Springer Series in Reliability Engineering) Review

If you're looking for a book behind the philosophy of risk management, this is a good background read. If you're looking for a "how to" manual look elsewhere.

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