IENG 4567

The course introduces risk management in engineering systems, focusing on industrial safety, while also considering wider aspects of societal risk governance. The course addresses fundamental concepts and theories in risk analysis, organizational risk management, risk governance, risk perception, risk communication, and stakeholder involvement. Emphasis is on principles, methods, and techniques for risk assessment and risk-informed decision making, covering the risk identification, analysis, and evaluation stages. Analytical, quantitative risk and decision analysis techniques are in focus.