What Went Wrong?

What Went Wrong?: Case Studies of Process Plant Disasters
Gulf Professional Publishing | 1998-06-23 | ISBN 0884159205 | PDF | Pages 408 | 21.53 MB

Expert Trevor Kletz examines the causes and aftermaths of numerous plant disasters--almost every one of which could have been prevented. Case histories illustrate what went wrong, why it went wrong, and then guide you in how to circumvent similar tragedies.
Learn from the mistakes of others. This invaluable and respected book examines the causes and aftermaths of numerous plant disasters - almost every one of which could have been prevented. Case histories illustrate what went wrong and why it went wrong, and then guide you in how to circumvent similar tragedies.
* Learn from the mistakes of others with this important book!
* Examines the causes and aftermaths of numerous plant disasters - most of which could have been prevented
* Case histories illustrate what went wrong, why it went wrong, and then guide you in how to circumvent similar tragedies

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The Risk Management of Safety and Dependability

The Risk Management of Safety and Dependability By W. Wong
Publisher: Wo[odh]ead Pub[lishi]ng Ltd 2010 | 299 Pages | ISBN: 184569712X , 1439829926 | PDF | 2 MB

The issue of risk should be embedded into the mindset of every engineer and manager to improve safety and dependability. Companies can be held accountable through law when a gross failing in health and safety management has fatal consequences. Here risk management, the organisational structure required and the main factors needed for its successful execution are explored. What risks must be managed as a legal requirement? How is risk quantified? What methods can be used to reduce risk? Such questions are addressed, alongside case histories of recent disasters to illustrate failures in risk management. In an easy-to-read and accessible way, The risk management of safety and dependability presents the key factors involved in successful risk management, so that even non-experts in small and medium-sized organisations, as well as engineers and managers, can apply sound safety and dependability principles.

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Quantitative Risk Management: Concepts, Techniques, and Tools

Alexander J. McNeil, Rüdiger Frey, Paul Embrechts - Quantitative Risk Management: Concepts, Techniques, and Tools
Publisher: Princеton Univеrsity Prеss | 2005-09-26 | ISBN: 0691122555 | PDF | 538 pages | 6.66 MB

The implementation of sound quantitative risk models is a vital concern for all financial institutions, and this trend has accelerated in recent years with regulatory processes such as Basel II. This book provides a comprehensive treatment of the theoretical concepts and modelling techniques of quantitative risk management and equips readers--whether financial risk analysts, actuaries, regulators, or students of quantitative finance--with practical tools to solve real-world problems. The authors cover methods for market, credit, and operational risk modelling; place standard industry approaches on a more formal footing; and describe recent developments that go beyond, and address main deficiencies of, current practice.
The book's methodology draws on diverse quantitative disciplines, from mathematical finance through statistics and econometrics to actuarial mathematics. Main concepts discussed include loss distributions, risk measures, and risk aggregation and allocation principles. A main theme is the need to satisfactorily address extreme outcomes and the dependence of key risk drivers. The techniques required derive from multivariate statistical analysis, financial time series modelling, copulas, and extreme value theory. A more technical chapter addresses credit derivatives. Based on courses taught to masters students and professionals, this book is a unique and fundamental reference that is set to become a standard in the field.

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