Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/920282

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Title
Risk assessment and cost-effectiveness of infrastructure protection
Author/Creator
Stewart, Mark G.
Institution
The University of Newcastle. Faculty of Engineering & Built Environment, School of Engineering
Description
This paper presents risk-based approaches to assessing the risk acceptability and cost-effectiveness of protective measures for infrastructure. The paper describes three risk acceptance criteria based on fatality risks, failure probabilities and net benefit. These criteria can be applied to any item of infrastructure such as buildings, bridges, dams, offshore platforms, etc. and also applies to any man-made or natural hazard such as earthquakes, cyclones, terrorism, floods and so on. The decision support framework accompanying these risk acceptance criteria considers hazard and threat probabilities, value of human life, physical and indirect damages, risk reduction and protective measure costs. This has specific utility for the design and assessment of protective structures against shock and impact loading. A risk assessment is conducted for a bridge over an inland waterway where the hazard is ship impact. The illustrative example showed under what combination of risk reduction, and fatality and damage costs the fatality and failure risks would be acceptable, and when protective measures would be cost-effective.
Relation
8th International Conference on Shock & Impact Loads on Structures. Proceedings of the 8th International Conference on Shock & Impact Loads on Structures (Adelaide, S.A. 2-4 December, 2009) p. 585-592
Relation
http://www.cipremier.com/page.php?9
Date
2009
Publisher
CI-Premier Conference Organisation
Keyword(s)
risk;  structural reliability;  ship impact;  terrorism;  decision making;  cost benefit
Resource Type
conference paper
Identifier
http://hdl.handle.net/1959.13/920282
Identifier
ISBN:9789810832452
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Subject
"Risk assessment and cost-effectiveness of infrastructure protection"
 
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