course-details-portlet

PK8200 - Risk Influence Modelling and Risk Indicators

About

Examination arrangement

Examination arrangement: Assignment
Grade: Passed / Not Passed

Evaluation Weighting Duration Grade deviation Examination aids
Assignment 100/100

Course content

The course is given every second year. Next time will be spring 2025. Definition and discussion of the risk concept. Discussion of risk modelling and risk analysis in various sectors of industry. Definition and discussion of the concepts risk influencing factor and risk indicator. Description of the connection between risk indicators, risk influencing factors and the risk level by using an influence diagram. Quantification of risk influence by using different analytical methods. Analysis of historical data and the use of expert judgements to assess the parameters to apply in the risk modelling. Methods for analysing risk of integrated operations (IO). Introduction of IO is expected to result in new work processes, new technology etc which both requires development of risk analysis methods, but which also will give insight to be transferred to other sectors. The course also discusses various approaches to understand hazards and vulnerabilities with elements from complexity analysis and resilience engineering.

Learning outcome

Knowledge: By taking this subject, the student will: (i) become familiar with how to carry out a quantitative risk analysis in the various sectors of industry, (ii) understand how the risk may be surveyed in the operational phase, (iii) acquire insight into how risk indicators may be defined and used, (iv) get insight in how risk influence may be modelled and quantified, (v) get an overview of how risk aspects in relation to integrated operations may be included in the risk analysis, and (vi) get insight into various approaches for understanding hazards and vulnerabilities.

Skills: Use of computerized tools for risk quantification. Development of own computerized tools for risk quantification.

General competence: The students shall obtain an understanding of how to approach problems related to modelling influence of important factors in risk analysis.

Learning methods and activities

Lectures as part of seminars, self studies and individual coursework.

Further on evaluation

Lectures as part of seminars, self studies and individual coursework. Assessment is a paper. The paper is presented at the last seminar, and the participants will afterwards deliver the final paper for assessment according to the agreed deadline.

Required previous knowledge

All students taking this course must be enrolled in a ph.d program at NTNU or a different university.

Course materials

Course compendium, selected research reports and papers from journals and conferences (will be announced at the start of the course).

Credit reductions

Course code Reduction From To
DIO3007 7.5
More on the course
Facts

Version: 1
Credits:  7.5 SP
Study level: Doctoral degree level

Coursework

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Technological subjects
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of Mechanical and Industrial Engineering

Examination

Examination arrangement: Assignment

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Spring ORD Assignment 100/100
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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