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Reactive and Proactive Approaches: Tutorials and Example

Citation

Scarponi, GE and Paltrinieri, N and Khan, F and Cozzani, V, Reactive and Proactive Approaches: Tutorials and Example, Dynamic Risk Analysis in the Chemical and Petroleum Industry: Evolution and Interaction with Parallel Disciplines in the Perspective of Industrial Application, Elsevier, N Paltrinieri & F Khan (ed), Netherlands, pp. 75-92. ISBN 978-012803823-9 (2016) [Research Book Chapter]

DOI: doi:10.1016/B978-0-12-803765-2.00007-X

Abstract

Bayesian inference-based dynamic risk assessment (BIDRA) and the risk barometer represent two different approaches that may be adopted for dynamic evaluation of accident frequency. BIDRA is a methodology for reactive risk assessment based on Bayesian inference, whereas the risk barometer is based on real-time indicator monitoring aiming to support proactive assessment of risk. This chapter illustrates two tutorials for the application of the BIDRA and risk barometer techniques. Moreover, application to the same representative case is performed by simulating the inputs for the methodologies: past near misses and accidents for BIDRA, and technical, operational, and organizational indicator trends for the risk barometer. This example aims to highlight similarities and differences and provides support for the selection of methods.

Item Details

Item Type:Research Book Chapter
Keywords:Bayesian inference, frequency update, indicators, proactive approach, reactive approach
Research Division:Commerce, Management, Tourism and Services
Research Group:Banking, finance and investment
Research Field:Investment and risk management
Objective Division:Expanding Knowledge
Objective Group:Expanding knowledge
Objective Field:Expanding knowledge in engineering
UTAS Author:Khan, F (Professor Faisal Khan)
ID Code:140139
Year Published:2016
Deposited By:NC Maritime Engineering and Hydrodynamics
Deposited On:2020-07-29
Last Modified:2020-07-29
Downloads:0

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