Risk and Decision Analysis Techniques Applied to Complex Facility Asset Management

  • James K. Liming
  • Andrew A. Dykes
Conference paper


The objective of this paper is to provide organizations operating complex facilities with a concept for developing and applying effective decision support metrics via integrated risk-informed asset management (RIAM) programs. The example “target” facility applied in this paper is a nuclear-powered electric generating station.


Performance Indicator Asset Management Electric Power Research Institute Probabilistic Risk Assessment Investment Option 
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  1. 1.
    Nuclear Energy Institute, December 2000, “The Standard Nuclear Performance Model — A Process Management Approach,” EUCG Task Force Report, Revision 1.Google Scholar
  2. 2.
    Electric Power Research Institute, 2001, “Nuclear Power Financial Indicators for a Competitive Market,” TR-1003050, Palo Alto, CA.Google Scholar
  3. 3.
    Nuclear Energy Institute, April 2001, “Regulatory Assessment Performance Indicator Guideline,” NEI 99-02, Revision 1.Google Scholar

Copyright information

© Springer-Verlag London 2004

Authors and Affiliations

  • James K. Liming
    • 1
  • Andrew A. Dykes
    • 1
  1. 1.Risk Consulting DivisionABSG Consulting Inc. (ABS Consulting) IrvineCaliforniaUSA

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