This book presents several original theories for risk, including Theory of Risk Monitoring, and Theory of Risk Acceptance, in addition to several analytical models for computing relative and absolute risk. The book discusses risk limit, states of risk, and the emerging concept of risk monitoring. The interrelationships between risk and resilience are also highlighted in an objective manner. The book includes several practical case studies showing how risk management and its components can be used to enhance performance of infrastructures at reasonable costs.
Table of Contents
Risk Management Overview. Risk Assessment. Risk Treatment. Risk Monitoring. Risk Communication. Miscellaneous Case Studies.
"The book Risk Management in Civil Infrastructure is a tour de force that provides fresh insight to the topic of risk management. With civil infrastructure owners increasingly aware of the importance of risk management, the book is very timely and fills a critical need given the absence of such comprehensive books on the topic. The book very effectively provides a new framework for risk management by decomposing risk into topics ranging from assessment to monitoring. Especially noteworthy about the book is the embracing of graph theory as a basic concept necessary for risk management."
— Jerome Lynch, University of Michigan, USA
"This book fills a big gap in engineering literature as it presents a very thorough and objective study of risk management in civil infrastructure. This includes an extensive review of what is already available but it is the first time this topic has been approached in such a unified, objective and complete manner. The chapters which include risk acceptance, risk treatment, risk monitoring, risk communication and risk management applications deal with issues that are of extreme importance for all stakeholders of civil infrastructure. So far engineers have been thinking about design/analysis and this book connects this process to one more level including consequences and costs in an objective manner. One might reasonably argue this is the future of structural engineering."
— Simos Gerasimidis, University of Massachusetts, Amherst, USA