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Risk applications require a robust knowledge of many attributes of this seemingly simple subject. Using examples and case studies, this book teaches the reader the fundamental and subtle aspects of risk, regardless of the specific situation. The text allows the reader to understand risk analysis while not getting too involved in mathematics.
Reducing risk means saving lives, time and money. This book shows how to manage and significantly reduce the risk inherent to all managerial and industrial endeavours. Risk reduction is a highly complex exercise in balancing the constant demands of equipment, personnel, production and service.
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