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Course Info

  • Course Number / Code:
  • 2.963 (Spring 2007) 
  • Course Title:
  • Engineering Risk-Benefit Analysis 
  • Course Level:
  • Graduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Engineering Systems Division 
  • Course Instructor(s):
  • Prof. George Apostolakis 
  • Course Introduction:
  •  


  • ESD.72 / 1.155 / 2.963 / 3.577 / 6.938 / 10.816 / 16.862 / 22.82 Engineering Risk-Benefit Analysis



    Spring 2007




    Course Highlights




    ESD.72 / 1.155 / 2.963 / 3.577 / 6.938 / 10.816 / 16.862 / 22.82 Engineering Risk-Benefit Analysis



    Spring 2007


    Fault-tree diagram showing system failure as the result of all three components failing, or any set of two out of three components.
    For a system with three components that fails if 2 or more components fails, the probability of overall system failure can be calculated with the help of a fault-tree. (Figure by Prof. Apostolakis.)


    Course Description


    ERBA (ESD.72) emphasizes three methodologies - reliability and probabilistic risk assessment (RPRA), decision analysis (DA), and cost-benefit analysis (CBA). In this class, the issues of interest are: the risks associated with large engineering projects such as nuclear power reactors, the International Space Station, and critical infrastructures; the development of new products; the design of processes and operations with environmental externalities; and infrastructure renewal projects.
     

ACKNOWLEDGEMENT:
This course content is a redistribution of MIT Open Courses. Access to the course materials is free to all users.






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