The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Probabilistic Safety Assessments (PSA), which was introduced in the 1970s as complement to deterministic safety analysis methods, is a well-established tool that supports design and safety assessment ...

Learn to address the likelihood of structural failure. Perform risk analysis associated with environmental loads to structures under static and dynamic loadings. Master the basics of performance-based ...

Probabilistic methods are increasingly being used to complement deterministic methods in assessing the safety and ensuring the reliability of research reactors. Addressing features specific to ...

What Is A Probabilistic Model? A probabilistic model is a statistical tool that accounts for randomness or uncertainty when predicting future events. Instead of giving a definitive answer, it ...