Engineering Reliability and Risk Assessment

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Reliability and Risk Assessment explains how to improve the performance of a system using the latest risk and reliability models. Against a backdrop of increasing availability of industrial data, and ever-increasing global commercial competition, the standards for optimal efficiency with minimum hazards keep improving. The reliability management and risk engineering field has a key role in linking innovative industrial and academic research with users looking to optimize their systems, and that is the aim of this book. Topics explained include   Effective strategies for the maintenance of the mechanical components of a system How to schedule necessary interventions throughout the product life cycle How to understand the structure and cost of complex systems Planning a schedule to improve the reliability and life of the system Software, system safety and risk informed asset management Identifying unwanted failures and how to set up associated preventive and corrective actions