Risk Assessment Methodology for Critical Transportation Infrastructure

Infrastructure protection typifies a problem of risk assessment & mgmt. in a large-scale system. Here is a methodological framework to identify, prioritize, assess, & manage risks. It includes the following considerations: (1) a holistic approach to risk identification; (2) prioritization of a large number of risks or risk scenarios; (3) structured solicitation & effective integration of expert judgment into qualitative & quantitative analyses to supplement limited data availability; (4) extreme & catastrophic event analysis; & (5) use of multi-objective framework to evaluate mgmt. options (i.e., analyzing tradeoffs among conflicting objectives such as risk & cost). Illustrated with 5 case studies of selected transportation infrastructures in Virginia.Haimes, Y. Y. is the author of 'Risk Assessment Methodology for Critical Transportation Infrastructure' with ISBN 9780756731892 and ISBN 0756731895.