1 Introduction |
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1.1 Fundamentals of Risk Management |
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1.3 Summary and Conclusions |
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2 Risk Management Principles and Methods Review and Discussion |
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2.2 Economic Principles, Theories and Methods |
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2.2.1 Expected Utility Theory |
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2.2.2 Cost-benefit Analysis and Cost-effectiveness Analysis |
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2.2.4 Risk Aversion and Safety Management |
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2.3 The Cautionary and Precautionary Principles |
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2.3.1 Discussion of the Meaning and Use of the Precautionary Principle |
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2.4 The Meaning and Use of Expected Values in Risk Management |
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2.5 Uncertainty Handling (in Different Project Phases) |
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2.6 Risk Acceptance and Decision-making |
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2.6.1 The Present Risk Analysis Regime for the Activities on the Norwegian Continental Shelf |
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2.6.2 A Review of the Common Practice of the ALARP Principle |
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2.6.3 A Structure for a Risk Analysis Regime Without the use of Risk Acceptance Criteria |
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2.6.5 Common Objections to our Approach |
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2.7 On the Ethical Justification for the Use of Risk Acceptance Criteria |
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2.7.1 The Influence of the Risk Perspectives Adopted |
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3 A Risk Management Framework for Decision Support under Uncertainty |
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3.2 Basic Building Blocks of the Framework |
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3.3.1 Decision-maker and Stakeholders |
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3.3.2 Decision Principles and Strategies |
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3.3.3 Decision-making Process |
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3.4 Discussion and Conclusions |
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4 Applications Concept Optimisation |
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4.1 Historical Background |
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4.1.2 Legislative Situation |
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4.2 Typical Current Decision-making |
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4.3 Application of the Decision-making Framework |
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4.3.1 Framing of the Problem and Alternatives |
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4.3.2 Quantitative Results |
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4.3.3 Qualitative Evaluations |
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4.3.4 Managerial Review and Decision |
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5 Applications Operations Phase |
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5.1 Decision-making Context |
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5.2 Deficiencies and the Need for an Alternative Process |
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5.3 Framing of Decision Problem and Decision Process |
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5.4 Generation and Assessment of Alternatives |
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5.4.1 Generation of Alternatives |
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5.4.2 Assessment of Alternatives |
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5.5 Managerial Review and Decision |
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6 Applications Choice of Disposal Alternative |
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6.2 Decision-makers and Other Stakeholders |
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6.3 Decision Principles and Strategies |
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6.4.1 Describe Goals and Objectives |
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6.5 Generate and Assess Alternatives |
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6.5.1 Generate Alternatives |
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6.5.2 Selection of Method |
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6.5.3 Assess Alternatives |
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6.6 Managerial Review and Decision |
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6.7 Observations Decommissioning Phase |
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7 Applications Risk Indicators, National Level |
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7.1 Background and Introduction |
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7.2 Objectives of the Risk Level Project |
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7.3.3 Leading vs. Lagging Indicators |
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7.4 Event-based Indicators for Major Hazard Risk |
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7.4.1 Indicators for Individual Hazard Categories |
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7.4.2 Basic Risk Analysis Model |
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7.4.3 Challenges in the Trend Analysis |
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7.5 Barrier Indicators for Major Hazard Risk |
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7.5.1 Barrier Elements and Performance Requirements |
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7.5.2 Follow-up of Performance by the Industry |
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7.5.3 Availability Data for Individual Barrier Elements |
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7.5.4 Overall Assessment of Barrier Performance |
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7.6 Observations Indicators used on National Level |
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8 The Success Factors Discussion |
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8.1 Understanding the Basic Building Blocks of Risk Analysis and Risk Management |
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8.1.1 Basic Concepts and Theories Uncertainty |
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8.1.2 Assessments of Alternatives |
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8.1.3 Cost-benefit Analyses and HES |
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8.1.4 Decision Principles and Strategies |
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8.1.5 Research Challenges |
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8.2 Implementation of the Framework |
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8.2.1 Experience with ALARP Demonstration |
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8.2.2 What are the Characteristics of a Good ALARP Demonstration? |
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8.2.3 Needs in order to Improve Applications |
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Appendices |
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A Foundational Issues of Risk and Risk Analysis |
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A.1 A Wide Spectrum of Risk Indices |
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A.2 Classical, Relative Frequency Perspective |
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A.3 Alternative Bayesian Perspective |
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B Example, ALARP Demonstration |
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B.1.2 Structure of Presentation |
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B.1.3 Basic Assumptions and Limitations |
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B.2 Approach Adopted in ALARP Process |
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B.2.1 Risk Acceptance Principles |
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B.2.2 Illustration of ALARP Process |
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B.2.3 Cost-Benefit Analysis |
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B.4 Identification of Possible Risk Reducing Measures |
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B.4.2 Codes and Standards |
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B.4.3 Engineering Judgement |
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B.4.4 Stakeholder Consultation |
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B.5 Evaluation of Individual Risk Reducing Measures |
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B.6 Overall Evaluation of Risk Reduction Measures |
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B.7 Final Selection of Risk Reduction Measures |
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B.8 Risk Levels after Implementation of Measures |
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B.8.1 Measures Accepted for Implementation |
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B.8.2 Measures Not Accepted for Implementation |
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B.8.3 Residual Risk for Personnel |
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B.8.4 Overall Evaluation of Risk |
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B.9 Implementation Plan for Measures |
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References |
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Index |
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