Engineering Decisions for Life Quality: How Safe is Safe Enough? (Springer Series in Reliability Engineering)

Managing Risks to Enhance Life Quality provides a foundation and a theoretical basis for managing risk to an acceptable level under the real-world constraint of limited resources. The focus is not on risks as such ? however interesting or dreadful they may be ? but on what can be done about the risk with the primary goal of maximizing positive outcomes in terms of improvements to the quality of life. The book introduces an innovative and unique approach to supplant the evolving techniques and methods for managing risk that balances life safety with economy to maximize lifespan in good health.The principal focus of Managing Risks to Enhance Life Quality is on developing guidance for establishing ?Standards of Practice? that are rational and meet the requirement of utilizing resources to achieve the maximum net overall benefit to society within the societal capacity to commit such resources. For decision-makers there is an emphasis on basic principles and requirements to serve the broader public interest, offering a powerful tool to help define the reasonable trade-off between safety and economy.

Author: Jatin S. Nathwani

Edition: 1st Edition.

Binding: Hardcover

Pages: 206

Publisher: Springer

Publication Date: 2009-09-28