INTRODUCTION Societal Needs Risk Analysis Methods System Framework Knowledge and Ignorance Exercise Problems RISK ANALYSIS METHODS Introduction Risk Terminology Risk Assessment Risk Management and Control Risk Communication Exercise Problems SYSTEM DEFINITION AND STRUCTURE Introduction System Definition Models Hierarchical Definitions of Systems System Complexity Exercise Problems RELIABILITY ASSESSMENT Introduction Analytical Performance-Based Reliability Assessment Empirical Reliability Analysis Using Life Data Bayesian Methods Reliability Analysis of Systems Exercise Problems FAILURE CONSEQUENCES AND SEVERITIES Introduction Analytical Consequence and Severity Assessment Real Property Damage Loss of Human Life Injuries Indirect Losses Public Health and Ecological Damages Exercise Problems ENGINEERING ECONOMICS AND FINANCE Introduction Fundamental Economic Concepts Cash Flow Diagrams Interest Formulae Economic Equivalence Involving Interest Economic Equivalence Involving Inflation Economic Analysis of Alternatives Exercise Problems RISK CONTROL METHODS Introduction Philosophies of Risk Control Risk Aversion in Investment Decisions Risk Homeostasis Insurance for Loss Control and Risk Transfer Benefit-Cost Analysis Risk-based Maintenance Management Exercise Problems DATA FOR RISK STUDIES Introduction Data Sources Databases Elicitation of Expert Opinions Model Modification Based on Available Data Failure Data Sources Exercise Problems Appendix A. Fundamentals of Probability and Statistics Appendix B. Failure Data References and Bibliography Subject Index.