Importance measures in risk-informed decision making: Ranking, optimisation and configuration control
Jussi K. Vaurio
Reliability Engineering and System Safety, 2011, vol. 96, issue 11, 1426-1436
Abstract:
This paper describes roles, extensions and applications of importance measures of components and configurations for making risk-informed decisions relevant to system operations, maintenance and safety. Basic importance measures and their relationships are described for independent and mutually exclusive events and for groups of events associated with common cause failures. The roles of importances are described mainly in two groups of activities: (a) ranking safety significance of systems, structures, components and human actions for preventive safety assurance activities, and (b) making decisions about permissible permanent and temporary configurations and allowed configuration times for regulation, technical specifications and for on-line risk monitoring. Criticality importance and sums of criticalities turn out to be appropriate measures for ranking and optimization. Several advantages are pointed out and consistent ranking of pipe segments for in-service inspection is provided as an example.
Keywords: Common cause; Configuration; Criticality; Importance; Optimization; PSA; Ranking; Risk (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:96:y:2011:i:11:p:1426-1436
DOI: 10.1016/j.ress.2011.06.012
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