Early Career Seminar: Risky Business

Industrial and process safety have long been pursued through the use of traditional engineering techniques, such as safety factors, single failure criterion, and conservative/bounding assumptions. However, more and more industries are turning to risk management, which assesses the likelihood and consequences of failures, as an approach to preventing accidents and mitigating their effects. While the nuclear industry was one of the first to utilize formal risk assessments, it is now commonplace to find risk management in fields ranging from aviation to biomedicals. This presentation will review some of the basic concepts of risk management, and provide an overview of the risk-related tasks being conducted at Argonne for the nuclear power and offshore oil and gas sectors.

July 7, 2015 at 10:00am

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