Risk Analysis
Risk Analysis
- DEFINITION: An estimation of the consequences associated with particular errors.
- Includes estimate of probability
- i.e., risk = p(error)*consequences(error)
- Can be any sort of risk
- e.g., loss of life, money, etc.
- Must estimate significance of these various consequences
- Used to assist many types of decisions:
- Estimates of safety
- Estimates of probable success
- Types of training to use to help operators not to miss important errors