Course content

Module: Specialization in safety, reliability and maintenance.

Central theme:

- Definition and discussion of basic concepts within risk analysis.

- Calculation of risk.

- Safety objectives and decision criteria.

- Qualitative and quantitative methods for risk analysis, such as rough analysis, HAZOP, FMECA, fault tree analysis, event tree analysis, etc.

- Analysis of human errors and organizational factors.

- Data sources and uncertainty.

- Regulations, standards and guidelines.

- Risk reduction and cost/benefit analyses. - Risk analyzes within various industries and applications

Learning outcome

Knowledge:

The student has knowledge of what a risk analysis is, how a risk analysis is carried out, common and advanced methods used and how risk analysis is used in risk management.

Skills:

The student can carry out risk analyzes of various issues and interpret and present the results of the analysis as a contribution to decisions about risk.

General competence:

The student understands risk analysis's place in decision-making processes, value selection related to the use of safety objectives and decision criteria, trade-offs between risk and other values, and how risk analysis can be used and misused.

Learning methods and activities

The subject is carried out in two sessions of three days each with lectures, group work and discussions. Great emphasis is placed on discussions and the transfer of experience between the participants. Between the two sessions there are self-studies, and an assignment that consists of carrying out a risk analysis on a self-selected topic with guidance via the internet.

The course is part of NTNU's further education offer, and has a course fee. See NTNU Videre's websites.

Compulsory assignments

• Assignment

Specific conditions

Recommended previous knowledge

Basic knowledge in probability calculus.

Required previous knowledge

Admission requirements/prior knowledge requirements/access restrictions: Cf. admission requirements for subjects in the master's program in organization and management. The subject is restricted to access, and ranking rules apply in accordance with the general part of the study plan.

Course materials

Textbook:

There are two textbooks. The English textbook is more comprehensive than the Norwegian one. While the Norwegian one is perhaps a little easier to read, both because of the language but also because the presentation is a little simpler.

• Rausand and Haugen (2020): Risk Assessment: Theory, Methods and Applications, 2nd Ed, Wiley
• Rausand and Utne (2022): Risikoanalyse. | Akademika.no

A separate eLearning program has been developed for the subject: eLæring: PK6017 - Risikoanalyse (ntnu.no)

Credit reductions