Risk and Systems: With Applications in Infrastructure Project Management - Hardcover

Carmichael, David G.

Hardcover

ISBN 10: 1032381221 ISBN 13: 9781032381220

Publisher: CRC Press, 2022

Synopsis

Risk is related to the magnitude and uncertainty of an output (consequence or outcome); outputs take on different identities in different disciplines and situations. Risk is peculiar to each stakeholder and the measurement scale for risk depends on the stakeholder’s value system. Risk management provides a way of addressing the issues associated with the magnitude and uncertainty of outputs. This book provides a distinctively rational treatment of risk and risk management, based on a systems approach. The book’s treatment applies to all disciplines and sets out the principles of risk and risk management as well as looking at a range of applications and more specialist tools and approaches. The book:

• Develops a risk framework through a systems approach
• Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general

The book will suit students and practitioners alike.

About this title

About the Author

David G. Carmichael is Emeritus Professor of Civil Engineering at the University of New South Wales, Distinguished Adjunct Professor with the Asian Institute of Technology, Fellow of the Royal Society of New South Wales, Fellow of the Institution of Engineers Australia and Life Member of the American Society of Civil Engineers.

Edition details

• Publisher: CRC Press
• Publication date: 2022
• Language: English
• ISBN 10: 1032381221
• ISBN 13: 9781032381220
• Binding: Hardcover
• Edition number: 1
• Number of pages: 190