Products related to Risk:
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Reliability and Risk Analysis
Completely updated for a new edition, this book introduces reliability and risks analysis, for both practicing engineers and engineering students at the undergraduate and graduate levels.Since reliability analysis is a multidisciplinary subject, this book draws together a wide range of topics and presents them in a way that applies to most engineering disciplines. Reliability and Risk Analysis, Second Edition, emphasizes an introduction and explanation of the practical methods used in reliability and risk studies, with a discussion of their uses and limitations.It offers basic and advanced methods in reliability analysis that are commonly used in daily practice and provides methods that address unique topics such as dependent failure analysis, importance analysis, and analysis of repairable systems.The book goes on to present a comprehensive overview of modern probabilistic life assessment methods such as Bayesian estimation, system reliability analysis, and human reliability.End-of-chapter problems and a solutions manual are available to support any course adoptions. This book is refined, simple, and focuses on fundamentals.The audience is the beginner with no background in reliability engineering and rudimentary knowledge of probability and statistics.It can be used by new practitioners, undergraduates, and first-year graduate students.
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RCM3: Risk-Based Reliability Centered Maintenance
The popular Reliability Centered Maintenance (RCM2) methodology has been around since the late '90s, but it was what professionals call a consequence-based approach.This work represents a revision to that bestselling RCM2 title, with more modern thinking, an emphasis on a risk-based methodology, and alignment with International ISO standards (55000 and 31000).The result is a more holistic, integrated, and rigorous way for developing asset care and risk- mitigating strategies for physical assets.Since the release of the ISO 310004 and ISO 550005 Standards for Risk Management and Asset Management respectively, Aladon developed RCM3, a risk-based RCM methodology that places managing the risk and reliability of physical assets mainstream with other business management systems in an organization.RCM3 fully complies and exceeds the requirements of the SAE Standard and fully aligns with the frameworks of the ISO Standards.The new risk-based focus of RCM3 features the following principles: Updated approach for testing and handling of protective devices, Based on the requirements of the fourth industrial revolution (Industry 4.0) and its challenges, Covers new expectations and new maintenance techniques for fourth-generation maintenance, Places reliability & risk management mainstream with organizational objectives and management systems, Aligned and integrated with International ISO Standards for Physical Asset Management and Risk Management (ISO 55000 & ISO 31000), Now part of an integrated asset strategy for full life-cycle management of physical assets.
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Reliability, Maintainability and Risk : Practical Methods for Engineers
Reliability, Maintainability and Risk: Practical Methods for Engineers, Tenth Edition has taught reliability and safety engineers techniques to minimize process design, operation defects and failures for over 40 years.For beginners, the book provides tactics on how to avoid pitfalls in this complex and wide field.For experts in the field, well-described, realistic and illustrative examples and case studies add new insights and assistance.The author uses his more than 40 years of experience to create a comprehensive and detailed guide to the field, while also providing an excellent description of reliability and risk computation concepts. The book is organized into many parts, covering reliability parameters and costs, the history of reliability and safety technology, a cost-effective approach to quality, reliability and safety, how to interpret failure rates, a focus on the prediction of reliability and risk, a discussion of design and assurance techniques, and much more.
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Corporate Resilience : Risk, Sustainability and Future Crises
The world has gone through profound change since 2019, which has impacted economies, organisations, societies, and ways of working.Now, more than ever, businesses need to be prepared and resilient to large-scale changes.Written by experts, the chapters collected here address various issues such as climate change and the pandemic, suggesting ways in which future crises can be managed successfully and sharing best practice from what we have learned from recent crises. The globally diverse authorship in Corporate Resilience brings together a range of perspectives on corporate resilience and crisis management from varying industries to explore this topic in great depth.Areas studied range from building global resilience through sustainable development and social responsibility, to corporate resilience, environmental investment, internet financial reporting and reporting on human rights. Developments in Corporate Governance and Responsibility offers the latest research on topical issues international experts and has practical relevance to business managers.
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Which risk do you prefer: normal risk or deluxe risk?
I prefer normal risk because it allows for a balance between potential reward and potential loss. Deluxe risk may offer higher potential rewards, but it also comes with a higher likelihood of significant loss. Normal risk allows for a more conservative approach to managing potential risks and rewards, which aligns with my preference for stability and security.
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Which manufacturer would you choose when it comes to reliability, durability, and all-wheel drive quality?
When it comes to reliability, durability, and all-wheel drive quality, Subaru is often the top choice for many consumers. Subaru has a strong reputation for building reliable and durable vehicles, and their all-wheel drive system is known for its quality and performance. The brand's commitment to safety and engineering excellence has made it a popular choice for those seeking a dependable all-wheel drive vehicle.
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Should I take a second risk and risk a second rejection?
Taking a second risk and risking a second rejection can be a difficult decision. It's important to consider the potential benefits of taking the risk, as well as the potential consequences of facing rejection again. If the potential rewards outweigh the potential negative outcomes, and if you believe that the risk is worth taking, then it may be worth considering taking the second risk. However, it's also important to take into account your emotional well-being and to consider whether you are prepared to handle another rejection. Ultimately, the decision to take a second risk is a personal one and should be carefully considered based on your individual circumstances.
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Would you risk it?
As an AI, I do not have the capacity to take risks or make decisions based on emotions or personal preferences. However, I can provide information and analysis to help individuals make informed decisions about whether or not to take risks based on their own circumstances and risk tolerance. Ultimately, the decision to take a risk depends on the potential benefits, the likelihood of success, and the individual's willingness to accept the potential consequences.
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Practical Risk-Adjusted Performance Measurement
Explore different measures of ex-post risk-adjusted performance measurement and learn to choose the correct one In the newly revised Second Edition of Practical Risk-Adjusted Performance Measurement, accomplished risk and investment expert Carl R.Bacon delivers an insightful, accessible, and real-world guide to ex-post risk measurement.The author bridges the gap between theory and practice, showing you how to apply the former to the latter without introducing unnecessary mathematical complexity. The book describes the fundamentals of risk in the asset management context and the descriptive statistics used to describe it.It builds on that foundation with detailed examinations of concepts like regression, drawdown, and partial moments, before moving on to topics like fixed income risk and Prospect Theory. With helpful additions that include recently developed measures of risk, supplementary explanatory sections, and six brand-new chapters, this book also offers: A practical classification of all ex-post risk measures and how they connect to one another An explanation of how risk-adjusted performance measures impact performance fees A discussion of risk measure dashboard designs Instructions on how appraisal measures should be used for manager selection Perfect for portfolio managers, asset owners, risk controllers, and investment performance analysts, Practical Risk-Adjusted Performance Measurement is an indispensable resource for anyone looking for a hands-on exploration of the buy-side, asset management perspective.
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Risk
Discover the classic mystery from Dick Francis, one of the greatest thriller writers of all time'Once you start reading you won't be able to stop' 5***** Reader Review'Couldn't put it down.I was awake half the night even on the second read!' 5***** Reader Review______As an amateur jockey, Roland Britten was lucky, and as an accountant he was rigorous.He knew he was on the hate list of several fraudsters, but never thought pen-pushers got kidnapped. And not from a racecourse right after beating the odds to win the Cheltenham Gold Cup. Held prisoner, Britten has no idea who his kidnappers are nor why they have abducted him.Only when resourceful school headmistress Hilary Pinlock gives him the opportunity to escape is he able to seriously think about what has happened and turn his logical mind to track down his abductors. But his kidnappers haven't finished with him yet - and they'll risk anything to get hold of him once again . . . Packed with intrigue and hair-raising suspense, Risk is just one of the many blockbuster thrillers from legendary crime writer Dick Francis. Praise for Dick Francis:'As a jockey, Dick Francis was unbeatable when he got into his stride.The same is true of his crime writing' Daily Mirror'The narrative is brisk and gripping and the background researched with care . . . the entire story is a pleasure to relish' Scotsman'Dick Francis's fiction has a secret ingredient - his inimitable knack of grabbing the reader's attention on page one and holding it tight until the very end' Sunday Telegraph'A regular winner . . . as smooth, swift and lean as ever' Sunday Express'The master of suspense and intrigue' Country Life'Francis writing at his best' Evening Standard'Still the master' Racing Post
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Risk
We are living in a world in which the existence of risk is constantly debated, misinformation and disinformation are rife and spread quickly and easily through online media, and where governments and institutions continue to avoid taking decisive action even when there is general agreement that a serious threat exists.Understanding how people, social groups and social organizations understand, respond to and act on threats, hazards and dangers is more important than ever.In Risk, Deborah Lupton asserts the ongoing importance of the analysis of risk in our age of permacrisis and mounting scepticism about experts and science, calling for a ‘re-turn’ to risk theory in the social sciences. The book outlines the three major approaches to risk in social and cultural theory, devoting a chapter to each.The first approach draws upon the work of Mary Douglas to articulate the cultural/symbolic perspective on risk.The second approach is that of the risk society perspective, based on the writings of Ulrich Beck and Anthony Giddens.The third approach covered is that of the governmentality perspective, which builds on Michel Foucault’s work.Three other chapters examine in detail the relationship between concepts of risk and concepts of selfhood and the body, the notion of Otherness and how this influences the ways in which people respond to and think about risk, and the pleasures of voluntary risk-taking, including discussion of edgework.An entirely new chapter has been added to this edition, focusing on the risks posed by misinformation and denial in the context of climate change and the COVID-19 pandemic.This chapter discusses the politics of post-truth cultures and the powerful networks of actor and organizations that together work to challenge science and manufacture dissent against attempts to tackle these crises. This new edition of Risk is an essential introduction to the topic of risk for students and academics in the social sciences and humanities.
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Risk
Risk compensation postulates that everyone has a "risk thermostat" and that safety measures that do not affect the setting of the thermostat will be circumvented by behaviour that re-establishes the level of risk with which people were originally comfortable.It explains why, for example, motorists drive faster after a bend in the road is straightened.Cultural theory explains risk-taking behaviour by the operation of cultural filters.It postulates that behaviour is governed by the probable costs and benefits of alternative courses of action which are perceived through filters formed from all the previous incidents and associations in the risk-taker's life.; "Risk" should be of interest to many readers throughout the social sciences and in the world of industry, business, engineering, finance and public administration, since it deals with a fundamental part of human behaviour that has enormous financial and economic implications.
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Is life a risk?
Life inherently involves risk, as we are constantly faced with uncertainty and the potential for negative outcomes. From making decisions about our careers, relationships, and health, to simply crossing the street, we are always exposed to some level of risk. However, it is important to remember that taking risks can also lead to growth, learning, and new opportunities. Ultimately, how we navigate and manage these risks is what shapes our experiences and defines our lives.
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What does the quote "The biggest risk is not taking any risk" mean?
The quote "The biggest risk is not taking any risk" means that inaction and playing it safe can be the riskiest choice of all. By avoiding risks and staying within one's comfort zone, one may miss out on opportunities for growth, success, and new experiences. Taking calculated risks and stepping outside of one's comfort zone can lead to personal and professional development, and ultimately, greater rewards.
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Would you take the risk?
It would depend on the specific situation and the potential risks involved. If the potential benefits outweigh the risks and I have thoroughly assessed and mitigated the risks, then I might consider taking the risk. However, if the risks are too high or the potential consequences are severe, I would likely choose not to take the risk. Ultimately, it is important to carefully evaluate the situation and make an informed decision based on the available information.
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What is the trigger risk?
The trigger risk refers to the potential for a specific event or condition to trigger negative consequences for a financial investment or market. This could include events such as interest rate changes, geopolitical instability, or economic downturns. Trigger risks can lead to sudden and significant losses for investors, and they are an important consideration when assessing the potential risks of an investment or portfolio. It is important for investors to carefully evaluate trigger risks and consider strategies to mitigate their impact.
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