Open Course Space

Engineering Risk-Benefit Analysis

Massachusetts Institute of TechnologyUnited StatesESD.72
Free, no sign-up neededSpring 2007English
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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.

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