Risk Analysis and Management: Introduction

This lecture covers the role of engineers in facing risks, the types of risks, and a brief history of risk management in engineering. It delves into the evolution of disasters, primary causes of engineering disasters, and the importance of careful preliminary studies. The instructor discusses significant engineering disasters like the Titanic and the Hindenburg, emphasizing the need for a scientific approach to safety and reliability. The lecture also explores the challenges in preventing man-induced risks and the complexities of evaluating civil engineering structures. It concludes by highlighting new trends in risk management, including governmental policies, corporate risk management, and the emergence of the Chief Risk Officer role.