Managing Risk : The Human Element [electronic resource]

Definitions of risk and risk management -- The art of prediction and the creation of order -- Technical summary -- The universal learning curve -- The four echoes : power blackouts, space shuttle losses, concorde crashes, and the Chernobyl and Three Mile Island accidents -- Predicting rocket risks and refinery explosions : near misses, shuttle safety, and anti-missile defence systems effectiveness -- The probability of human error : learning in technological systems -- Eliminating mistakes : the concept of error states -- Risk assessment : dynamic events and financial risks -- Safety and risk management systems : the fifth echoes -- Risk perception : searching for the truth among all the numbers -- I must be learning.

The human element is the principle cause of incidents and accidents in all technology industries; hence it is evident that an understanding of the interaction between humans and technology is crucial to the effective management of risk. Despite this, no tested model that explicitly and quantitatively includes the human element in risk prediction is currently available. Managing Risk: the Human Element combines descriptive and explanatory text with theoretical and mathematical analysis, offering important new concepts that can be used to improve the management of risk, trend analysi.

Electronic books

Includes bibliographical references and index.