Download or read book Overview of risk-informed decision-making processes written by Enrico Zio and published by FonCSI. This book was released on 2012-10-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors introduce the general concepts, definitions and issues related to the use of Risk-informed decision-making (RIDM). These are structured processes which assist decision-makers when faced with high impact, complex decisions involving multiple objectives and the presence of uncertainty. They aim to ensure that decisions between competing alternatives are taken with an awareness of the risks associated with each option, and that all attributes of a decision are considered in an integrated manner. Motivations for the use of these techniques as a complement to more traditional deterministic approaches to risk assessment are provided. The RIDM processes adopted by NASA and by the US Nuclear Regulatory Commission are described in detail, with an analysis of commonalities and differences in approach.