IIE/Joint Publishers Book of the Year Award 2016! Awarded for ‘an outstanding published book that focuses on a facet of industrial engineering, improves education, or furthers the profession’. Engineering Decision Making and Risk Management emphasizes practical issues and examples of decision making with applications in engineering design and management Featuring a blend of theoretical and analytical aspects, this book presents multiple perspectives on decision making to better understand and improve risk management processes and decision-making systems. Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems. The author highlights formal techniques for group decision making and game theory and includes numerical examples to compare and contrast different quantitative techniques. The importance of initially selecting the most appropriate decision-making process is emphasized through practical examples and applications that illustrate a variety of useful processes. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features: Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, the value of information, and risk management Practical examples from both historical and current events that illustrate both good and bad decision making and risk management processes End-of-chapter exercises for readers to apply specific learning objectives and practice relevant skills A supplementary website with instructional support material, including worked solutions to the exercises, lesson plans, in-class activities, slides, and spreadsheets An excellent textbook for upper-undergraduate and graduate students, Engineering Decision Making and Risk Management is appropriate for courses on decision analysis, decision making, and risk management within the fields of engineering design, operations research, business and management science, and industrial and systems engineering. The book is also an ideal reference for academics and practitioners in business and management science, operations research, engineering design, systems engineering, applied mathematics, and statistics.

Fundamentals of Risk Management for Process Industry Engineers outlines foundational principles of human-centered, sociotechnical risk management, and how they can be applied to deliver real improvements in risk identification, understanding, analysis, control, communication, and governance. To maximize sustainable competitiveness requires the identification and optimization of the range of risks that can impact a business. Hence, understanding the foundational principles of sociotechnical risk management is required to design and execute effective risk identification, optimization, and management strategies. - Covers the foundations of risk management - Explains how risk management and professional engineering practice are interrelated - Describes the role and importance of humans in risk management activities - Discusses the fundamentals surrounding how to identify, assess, treat, monitor, and review risks in high hazard industries - Presents the range of operational risks faced by process companies, including safety and health, environmental and social risk, project risk, and supply chain risk

Decision Making in Systems Engineering and Management is a comprehensive textbook that provides a logical process and analytical techniques for fact-based decision making for the most challenging systems problems. Grounded in systems thinking and based on sound systems engineering principles, the systems decisions process (SDP) leverages multiple objective decision analysis, multiple attribute value theory, and value-focused thinking to define the problem, measure stakeholder value, design creative solutions, explore the decision trade off space in the presence of uncertainty, and structure successful solution implementation. In addition to classical systems engineering problems, this approach has been successfully applied to a wide range of challenges including personnel recruiting, retention, and management; strategic policy analysis; facilities design and management; resource allocation; information assurance; security systems design; and other settings whose structure can be conceptualized as a system.

Covering the prediction of outcomes for engineering decisions through regression analysis, this succinct and practical reference presents statistical reasoning and interpretational techniques to aid in the decision making process when faced with engineering problems. The author emphasizes the use of spreadsheet simulations and decision trees as important tools in the practical application of decision making analyses and models to improve real-world engineering operations. He offers insight into the realities of high-stakes engineering decision making in the investigative and corporate sectors by optimizing engineering decision variables to maximize payoff.

Transitioning new engineers into professionals who can blend in and contribute to the technical organization is, at best, doubtful. Trained in the "nuts and bolts" of a technical subject, new engineers have little to no training on the "soft" skills of how to work within an organization. This robust guide shows new engineers how to quickly operate and succeed within their new engineering organization. Navigating the Engineering Organization: A New Engineer’s Guide focuses on the group behaviors of technical organizations. It provides a rigorous organizational framework to operate from and delivers guidance using a dual approach of academic insight and professional experience. Through numerous case studies, the book presents actual experiential guidance and offers a method on how to extend the insights covered in the book and turn them into a valuable personal model, valid throughout the engineer’s career. It helps readers understand quickly the unique values and expectations within their new engineering organization and guides them in discovering the proper ways to respond to these expectations. They can then act on these insights to deliver successful results, now and throughout their careers. The approach and goals found in this book provide a building block to help all new engineers cross the "Great Divide" from student to professional and succeed in their new engineering organization.

This book is a valuable resource for achieving and promoting a culture of risk awareness and integrating risk management principles and practices into the educational environment. This integration is essential to ensure that students have the knowledge and skills to identify hazards, and assess and control risks in different contexts through the development and implementation of a risk management curriculum. Besides theoretical considerations and learning to ask the right questions at all times for the sake of critical thinking, effective risk management education also involves the use of case studies, simulations and other experiential learning tools to help students understand and apply risk management concepts in real-life situations. This approach helps students develop a questioning attitude and problem-solving skills, which are essential for effective risk management. Overall, the interface between risk management and education is essential to develop a generation of professionals who can effectively deal with risks in a variety of contexts. By integrating risk management principles and practices into the educational process, educational institutions can help ensure that their students are well prepared to meet the challenges of the modern world.

This book "Risk Management Treatise for Engineering Practitioners" has been published by academic researchers and experts on risk management concepts mainly in the construction engineering sector. It addresses basic theories and principles of risk management backed up, in most cases, with case studies. The contributions for this book came from authors in Europe, the Far East and Africa, and it is hoped that the contents of this book will be useful to anyone interested in understanding the principles and applications of risk management, especially within the construction engineering sector. Researchers and postgraduate students in science and engineering disciplines, especially those interested in project management, will find this book useful.

This book describes a new type of rocket science needed to create low-cost, reliable, responsive space transportation. You don't have to be a rocket scientist to understand the issues explored within this book. The text is beyond the current state-of-the-art engineering of modern launch vehicles, going into a scientific investigation that opens the door to true design optimization. The purpose of this work is to enable the reader to understand how low-cost space transportation is practical, and why it has been so hard to achieve.