Normative Engineering Risk Management Systems
This work addresses risk management for engineering applications like offshore oil platforms, but it appears incremental as it builds on existing normative system designs without introducing major new breakthroughs.
The paper tackles the design of a normative engineering risk management system by proposing a coherent framework that integrates diagnosis, dynamic evolution, decision making, and information gathering, with an application to offshore oil platforms embedded in a real-time expert system.
This paper describes a normative system design that incorporates diagnosis, dynamic evolution, decision making, and information gathering. A single influence diagram demonstrates the design's coherence, yet each activity is more effectively modeled and evaluated separately. Application to offshore oil platforms illustrates the design. For this application, the normative system is embedded in a real-time expert system.