University of Tasmania
Browse

File(s) not publicly available

New Definitions of Old Issues and Need for Continuous Improvement

chapter
posted on 2023-05-22, 18:17 authored by Paltrinieri, N, Faisal KhanFaisal Khan
A number of definitions to describe major accidents and their specific features exist. In particular, several experts have committed to providing specific and effective definition outlining of low-probability, high-impact events, for which classification is particularly challenging owing to their rarity. These events may result from failures in preassessment, knowledge management, or likelihood evaluation, or they may be simply unpredictable. This chapter reports a brief overview of definitions of such extreme events, from atypical accidents to dragon kings, through the popular metaphor of the black swan. To a certain extent, these different perspectives agree on the fact that conjunctions of “small things” have the potential to result in extreme effects. For this reason, this chapter suggests a twofold approach to be adopted for limitation of such events: Well-known small failures should not be disregarded, and continuous improvement of models and classifications should always be carried out to keep track of the ever-changing industrial environment.

History

Publication title

Dynamic Risk Analysis in the Chemical and Petroleum Industry: Evolution and Interaction with Parallel Disciplines in the Perspective of Industrial Application

Editors

N Paltrinieri & F Khan

Pagination

13-21

ISBN

978-012803823-9

Department/School

Australian Maritime College

Publisher

Elsevier

Place of publication

Netherlands

Extent

20

Repository Status

  • Restricted

Socio-economic Objectives

Expanding knowledge in engineering

Usage metrics

    University Of Tasmania

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC