IOE 561 / ISD 523 – Risk Analysis I

Course Description


This course provides a graduate-level introduction to the interdisciplinary field and methods of risk analysis. The course covers the foundations of the field – the meaning of risk and uncertainty; risk perception, communication and governance; semi-quantitative risk analysis methods; fault trees and event trees; Bayesian belief networks; extreme value statistics. It also covers more domain-specific analysis methods from human reliability analysis, project risk management; terrorism risk analysis, and environmental health and safety risk assessment. The focus is on providing a strong foundation for both further study and practice in the field of risk analysis.

Prerequisite


IOE 265 or permission of instructor AND graduate standing or permission or instructor