Risk 140
Risk 140 : Risk of a system may be defined simply as the possibility of an adverse and unwanted event. Risk may be due solely to physical phenomenon such as health hazards or to the interaction between man-made systems and natural events, e.g. a flood loss due to an overtopped levee. Engineering risk for water resources systems in general has also been described in terms of a figure of merit which is a function of performance indices, say for example, reliability, incident period, and reparability as in Shresta, Duckstein, and Stakhiv (1996). Bijaya P. Shresta: Uncertainty in risk analysis of water resources systems under climate change. Engineering
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