## 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 dependent depth determined developed directional distribution dynamic effect element Engineering environmental equation estimate evaluated example expressed extreme factor failure fatigue Figure force frequency function fuzzy given growth important increase initial inspection limit load loss maintenance marine maximum mean measures Mechanics method motion normal observed obtained offshore operations parameters peak performed period pipe pipeline platform possible prediction present probability procedure production random range relative reliability represented response return period riser risk safety ship shown shows significant simulation spectral spectrum statistical storm strength stress structure surface Table theory typical uncertainty variables wave height wind