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Risk and Decision Analysis Techniques Applied to Complex Facility Asset Management

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

Abstract

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.

Keywords

Performance Indicator Asset Management Electric Power Research Institute Probabilistic Risk Assessment Investment Option 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  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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