Courses:

Course Info

• Course Number / Code:
• 16.862 (Spring 2007) 
• Course Title:
• Engineering Risk-Benefit Analysis 
• Course Level:
• Graduate 
• Offered by :
• Massachusetts Institute of Technology (MIT)
  Massachusetts, United States  
• Department:
• Engineering Systems Division 
• Course Instructor(s):
• Prof. George Apostolakis 
• Course Introduction:
•  
• 
  
  ESD.72 / 1.155 / 2.963 / 3.577 / 6.938 / 10.816 / 16.862 / 22.82 Engineering Risk-Benefit Analysis
  
  
  
  

  Spring 2007

  
  
  

  
  
  

  Course Highlights

  
  
  

  
  
  ESD.72 / 1.155 / 2.963 / 3.577 / 6.938 / 10.816 / 16.862 / 22.82 Engineering Risk-Benefit Analysis
  
  
  
  

  Spring 2007

  
  
  

  

  For a system with three components that fails if 2 or more components fails, the probability of overall system failure can be calculated with the help of a fault-tree. (Figure by Prof. Apostolakis.)

  
  
  

  Course Description

  
  
  

  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.