Which of the following are definitions of risk? a. Risk is the probability of system failure in one year. b. Risk = 1 – Reliability c. Risk = 1/Return Period d. Risk is the probability of system failure over the design life of the infrastructure. e. all of the above

Which of the following are definitions of risk? a. Risk is the probability of system failure in one year. b. Risk = 1 – Reliability c. Risk = 1/Return Period d. Risk is the probability of system failure over the design life of the infrastructure. e. all of the above

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter14: Computational Engineering Tools Electronic Spreadsheets

Section: Chapter Questions

Problem 2P

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Concept explainers

Evaluation of Transportation Projects

Civil engineers undertake a variety of projects related to construction. Building construction projects, structural projects, highway, road construction projects, transportation projects, etc. Transportation projects are related to public constructions that focus to build new connectivity in public transportation. To improve and maintain existing transport facilities also falls under the domain of transportation projects. Some of its objectives include planning, evaluation, designing, development, finance, construction, reconstruction, demolition, rehabilitation, improvement, acquisition, operation, and maintenance. As per the law, all transport projects are authorized to the construction firm that permits them to change the land area meant for public use.

Question

Which of the following are definitions of risk?
a. Risk is the probability of system failure in one year.
b. Risk = 1 – Reliability
c. Risk = 1/Return Period
d. Risk is the probability of system failure over the design life of the infrastructure.
e. all of the above

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