| System Analysis in Risk Assessment | January 27, 2010 |
Elisabeth Paté-Cornell
|
Stanford University |
Entrepreneurial Thought Leaders Lecture Series |
| Views: 832 |
|
| Video 5 of 8 from this talk |
- 58:45Risky Business: Analysis from an Engineering Perspective (Entire talk)
- 00:59Risk Analysis Examines Uncertainties
- 02:02Real-Life Risk Analysis
- 03:02The Process of Risk Assessment
- 02:36System Analysis in Risk Assessment
- 03:38Classic Example of a Future Accident
- 03:27Dynamic Model of Accidents
- 02:29Do Entrepreneurs Take More Risks?
Description
System analysis stands in the center of most risk analysis. Deconstructing the system, one breaks it down into classes of scenarios that can allow an analyst to better understand how something can fail. The two biggest classes are dependencies on external factors and human error. Dr. Elisabeth Paté-Cornell, department chair of Management Science and Engineering at Stanford University, explains that you look at these types of scenarios because there are not enough reliable statistics.
Comments 
Related Videos:
