Managing Industrial Risk is the first book to offer down to earth and flexible techniques for problem solving and risk optimization. It provides practical and proven methods for achieving greater cost-effectiveness, by equipping engineers and managers with essential skills to evaluate their decisions. This is crucial when risks are involved or information is approximate.

Managing Industrial Risk will assist you in quantifying reliability and risk, operational efficiency, equipment down-time and availability, performance and safety and maintenance, and capital costs as well as providing check-lists, charts and pre-designed forms for readers to apply in their workplace. Companies that already employ the innovative procedures contained within this book are achieving enormous annual savings as a result.