## 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 10

measures a 2 which the

measures a 2 which the

**risk**is considered acceptable . Values 50-100 times larger would be to employ tools , which can be documented to have a direct are typical assigned to the tolerable**risk**level . For a**risk**level above cost benefit ...Page 11

Such an analysis will allow the project to cater for those

Such an analysis will allow the project to cater for those

**risks**through " exercises of all project activities . ... The benefits of a qualitative**risk**analysis in any project and event trees , which are normally used in a quantitative ...Page 371

Acceptable annual failure probability Pr proposed in CIRIA report [ 7 ] has this form and failure probability will be one tenth of the original value if the number of peoples exposed to

Acceptable annual failure probability Pr proposed in CIRIA report [ 7 ] has this form and failure probability will be one tenth of the original value if the number of peoples exposed to

**risk**becomes ten times larger .### What people are saying - Write a review

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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 expected expressed extreme factor failure fatigue Figure force frequency function fuzzy given 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 steel storm strength stress structure surface Table theory typical uncertainty variables wave height wind