What Every Engineer Should Know About Risk Engineering and Management

by John X. Wang

Overview

"Explains how to assess and handle technical risk, schedule risk, and cost risk efficiently and effectively—enabling engineering professionals to anticipate failures regardless of system complexity—highlighting opportunities to turn failure into success."

Product Details

ISBN-13:	9781000906622
Publisher:	CRC Press
Publication date:	07/31/2023
Series:	ISSN
Sold by:	Barnes & Noble
Format:	eBook
Pages:	264
File size:	7 MB

About the Author

Dr. John X. Wang has served as a Functional Safety Expert at Ford Motor Company and a Technical Director at Capgemini. As Senior Principal Functional Safety Engineer at Flex, Dr. Wang has been spotlighted as Employee of the Month by “Under the Hood”, the online magazine published by Flex Automotive to employees around the Globe. Dr. Wang has authored/coauthored numerous books and papers on reliability engineering, risk engineering, engineering decision-making under uncertainty, robust design and Six Sigma, lean manufacturing, green electronics manufacturing, cellular manufacturing, and industrial design engineering - inventive problem-solving. As a recognized inventor, Dr. Wang has been granted two Patents related to Risk Engineering by the US Patent and Trademark Office.

Table of Contents

1. Risk Engineering - Dealing with System Complexity and Engineering Dynamics. 2. Risk Identification - Understanding the Limits of Engineering Designs. 3. Risk Assessment - Extending Murphy’s Law. 4. Design for Risk Engineering - The Art of War Against Failures. 5. Risk Acceptability - Uncertainty in Perspective. 6. From Risk Engineering to Risk Management. 7. Cost Risk - Interacting with Engineering Economy. 8. Schedule Risk - Identifying and Controlling Critical Paths. 9. Integrated Risk Management and Computer Simulation.

Editorial Reviews

Explains how to assess and handle technical risk, schedule risk, and cost risk, enabling engineering professionals to anticipate failures regardless of system complexity. Introduces the concept of risk engineering for controlling technical risk through identification, analysis, design, and process management, and reveals strategies for identifying flaws in engineering designs, estimating risk, and avoiding wasting scarce resources. Wang is a quality expert with GE Transportation Systems. Roush is professor of reliability engineering at the University of Maryland. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews

"This is the finest book that I have ever seen on Risk Assessment. It provides a detailed analytical approach with a sound scientific basis. The examples are very easy to follow and equations are easy to apply. All good designers should apply this approach in any design where there is a potential for loss of life or destruction of equipment. "
—-Richard L. Doyle, PE Past President, Institute of Electrical and Electronics Engineers Principle, Doyle and Associates La Jolla, California
"It is the best and most interesting engineering book that I have ever read. . ..The history sections keep the reader very interested and in the process make it easy to learn the engineering aspects. . .. . . .the book is very easy to read and is an excellent teaching guide. It contains very good and easy to understand examples and explanations. I have remembered what I have learned because I could relate to the book so well. I also found myself looking at things differently to make sure that all risk has been assessed. "
—-Mary Jo Armstrong Project Management for Aerospace Lord Corporation Erie, Pennsylvania

From the Publisher