## Proceedings of the ... International Conference on Offshore Mechanics and Arctic Engineering, Volume 2American Society of Mechanical Engineers, 2001 - Arctic regions |

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Page 11

... to assess the effect of other risk reducing measures than removal of a

qualitative measure of the risk involved . Furthermore , it is only the failure mode

completely .

qualitatively .

... to assess the effect of other risk reducing measures than removal of a

qualitative measure of the risk involved . Furthermore , it is only the failure mode

completely .

**possible**to assess the effectiveness of risk reducing measuresqualitatively .

Page 12

Again ,

should be collected . For lifting details , hazardous situation must be identified

and quantified . This is dealt this would include potential for interference , lifting

paths ...

Again ,

**possible**human failure to recover from the operations , specific detailsshould be collected . For lifting details , hazardous situation must be identified

and quantified . This is dealt this would include potential for interference , lifting

paths ...

Page 81

In prior and posterior decision analysis the risk ( expected utility ) for each

( 1 ) where R is the risk , U the utility , P ; is the i ' th branching probability and C ;

the ...

In prior and posterior decision analysis the risk ( expected utility ) for each

**possible**activity / option is evaluated in the principal form as R = E [ U ] = ËP , C ,( 1 ) where R is the risk , U the utility , P ; is the i ' th branching probability and C ;

the ...

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acceptable analysis applied approach assessment associated assumed calculated coefficient combined components considered corresponding corrosion cost crack criteria damage defined dependent depth determined developed direction distribution dynamic effect element Engineering environmental equation estimate evaluated event example expressed extreme factor failure fatigue Figure force frequency function fuzzy given important increase initial inspection International limit load loss maintenance maximum mean measured Mechanics method motion normal obtained offshore operational parameters peak performed period pipe pipeline platform possible predicted present probability probability of failure procedure production random range relative reliability represents response return period riser risk safety ship shown shows simulation spectral spectrum statistical storm strength stress structure surface Table theory typical ultimate uncertainties variables wave height wind