lecture(12) 2013-2014. risk & uncertainty definition “risk” and “uncertainty” are two...

16
Infrastructure planning and management Lecture(1 2) Civil Engineering Dept . Master Program 2013-2014

Upload: clifford-anthony

Post on 23-Dec-2015

216 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Infrastructure planning and management

Lecture(12)

Civil Engineering Dept.Master Program

2013-2014

Page 2: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Risk & Uncertainty Definition

“Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined as imperfect knowledge where the probabilities of the possible outcomes are known, and uncertainty exists when these probabilities are not known (Hardaker).

Page 3: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Project risk management definition

The PRM process is defined as “the process of taking management action in order to respond appropriately to all identified risks to maximise the likelihood of the project meeting its objectives within its constraints, by monitoring risk exposure and adjusting project strategy to keep risk within acceptable levels”

Page 4: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Project risk management process

• Risk identification• Risk Analysis - Qualitative risk

analysis - Quantitative risk

analysis• Risk mitigation• Risk Monitoring and

follow up

Page 5: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Selection of parameters for Risk analysis

Page 6: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Accounting for Unforeseen Changes and Events

1•Technologies changes affecting water

supply and demand

2 •New finding that affect federal and state environment regulation

3 •Major industry location and relocation

4 •Hurricanes, earthquake, or landslides

5 •Climate change affecting water flows and water levels

6 •War and insurgent action such as happened in Gaza before one year

Page 7: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Uncertainties in Water Resources Management

Page 8: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Environmental Risk Assessment and Management

Page 9: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Environmental Risk Assessment and Management

Page 10: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Management of Water Quantity and Quality

Page 11: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined
Page 12: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Modeling and decision making processes in water resources

management

Page 13: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Modeling and decision making processes in water resources

management

Stochastic variation of thewater level in a reservoir.

Page 14: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

Effective Decision-Making process

1 •It focuses on what is important

2 •It is logical and consistent

3•It acknowledge both subjective and

objective factors and blends analytical with intuitive thinking

4•It requires only as much information

and analysis as is necessary to resole a particular dilemma

5•It encourages and guides the

gathering of relevant information and informed opinion

6 •It is straightforward, reliable, easy to use, and flexible

Page 15: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined

WORKSHOP

Risk analysis for wastewater pumping station (Group(A))

Risk analysis for landfill design (Group(B))

Page 16: Lecture(12) 2013-2014. Risk & Uncertainty Definition “Risk” and “uncertainty” are two terms basic to any decision making framework. Risk can be defined