Supervised dynamic probabilistic risk assessment of complex systems, part 2: Application to risk-informed decision making, practice and results

Tarannom Parhizkar, Ingrid Bouwer Utne, Jan Erik Vinnem and Ali Mosleh

Reliability Engineering and System Safety, 2021, vol. 208, issue C

Abstract: One challenge that has received attention in maritime industry is assessing the risk level of dynamic positioning (DP) systems in emergency situations. Statistics from recent years have shown that the risk level of some DP operations is above the industry's risk criteria. Operators have a significant impact on incidents’ consequences by making responsive decisions. In emergencies, one is afforded little time to make a decision. Available risk models are not efficient enough to provide systems’ risk level in a short period of time.

Keywords: Dynamic probabilistic risk assessment; Supervised algorithms; Dynamic positioning system; Cognitive models; Risk-based decision making; Emergency situations (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:208:y:2021:i:c:s0951832020308796

DOI: 10.1016/j.ress.2020.107392

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