3.00 Credits
This course is an introduction to risk, risk assessment, and risk management in engineering systems. It focuses on building mathematical models to assess and quantify risk principally by following the methodologies of probabilistic risk analysis. In particular, the course covers concepts of risk analysis, risks in engineered systems; methods of risk analysis, fault trees and event trees; quantification of probabilities, use of data, models, and expert judgments; risks and decisions, interlinking risk analysis with risk management; applications to cybersecurity.