The Process of Risk Assessment

Elisabeth Paté-Cornell, Stanford University

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How does someone think about risk analysis? Management Science and Engineering department chair Dr. Elisabeth Paté-Cornell breaks down the process of assessing risk: She first speaks with experts to find out how a given system works and how it might fail; then she examines ways of reinforcing a system. A risk analyst can only provide options based on available resources; they cannot make decisions for someone.

Jan 27, 2010

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