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Time Valuation Of Risk A Delayed-Bang Approach, Abhishek Pathak
Time Valuation Of Risk A Delayed-Bang Approach, Abhishek Pathak
Engineering Management & Systems Engineering Theses & Dissertations
The subject of this thesis is the combined use of engineering economics and survival analysis in estimating time-value of risk-related resources. The discussion includes (1) the need for sustainable risk management, (2) the importance of time-valuation of risk related resources in the allocation or selection among competing risk mitigation alternatives, (3) the convergence of deterministic engineering economics, survivability analysis, and probabilistic analysis, and (4) results and examples of application in the context of prevention of risk event or mitigation of its consequences.
The significance of this thesis is in how three topics: engineering economics, survivability analysis, and probability theory can …
An Analytical Framework And Model Formulation For Measuring Risk In Engineering Enterprise Systems: A Capability Portfolio Perspective, Paul Raphael Garvey
An Analytical Framework And Model Formulation For Measuring Risk In Engineering Enterprise Systems: A Capability Portfolio Perspective, Paul Raphael Garvey
Engineering Management & Systems Engineering Theses & Dissertations
This work formulates an analytical framework and computational model for assessing risk in engineering enterprise systems. It addresses the engineering management problem of how to represent, model, and measure risk in large-scale, complex systems engineered to function in enterprise-wide environments.
The research in this dissertation extends current practice in the management of risk for traditional systems and creates new constructs and protocols for the management of risk in engineering large-scale, complex, and highly networked enterprise systems. This work advances engineering management theory and analytic practice as applied to the measurement and management of risk for enterprise systems engineered within capability …