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Risk and Systems
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Risk and Systems : With Applications in Infrastructure Project Management

Book Details

Format Hardback or Cased Book
ISBN-10 1032381221
ISBN-13 9781032381220
Publisher Taylor & Francis Ltd
Imprint CRC Press
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 21st, 2022
Print length 190 Pages
Weight 453 grams
Ksh 25,200.00
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This textbook takes a distinctively systems approach to the principles of risk, uncertainty and risk management, outlining a series of applications and more specialist tools and approaches. It offers a rational treatment of risk and risk management which applies across all disciplines, for university students and practitioners.

Risk is related to the magnitude and uncertainty of an output (consequence or outcome); outputs take on different identities in different disciplines and situations. Risk is peculiar to each stakeholder and the measurement scale for risk depends on the stakeholder’s value system. Risk management provides a way of addressing the issues associated with the magnitude and uncertainty of outputs. This book provides a distinctively rational treatment of risk and risk management, based on a systems approach. The book’s treatment applies to all disciplines and sets out the principles of risk and risk management as well as looking at a range of applications and more specialist tools and approaches. The book:

  • Develops a risk framework through a systems approach
  • Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general

The book will suit students and practitioners alike.


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