Supervised Dynamic Probabilistic Risk Assessment of Complex Systems, Part 1: General Overview

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

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

Abstract: Dynamic probabilistic risk assessment (DPRA) is a systematic and comprehensive methodology that has been used and refined over the past decades to evaluate risks associated with complex systems. However, current approaches to construct and execute DPRA models are challenged by high execution time owing to numerous possible scenarios. This issue will affect the execution time of the model, which is in contrast with the aim of modeling. DPRA models must be sufficiently fast to assist decision-making processes in the required time.

Keywords: Dynamic probabilistic risk assessment; Supervised algorithms; Optimization model; Decision-making process; Emergency situations; Dynamic positioning system (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:208:y:2021:i:c:s0951832020308929

DOI: 10.1016/j.ress.2020.107406

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