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Lecture

Principles of Risk Analysis and Management

In course

CIVIL-438: Risk analysis and management

Le cours vise à former les étudiants aux méthodes et outils permettant d'appréhender de manière fondée et scientifique la question de l'analyse et de la gestion des risques technologiques et naturels, avec une attention portée au domaine du Génie civil. ...

Description

This lecture covers the principles of risk analysis and management in civil engineering, focusing on actions that can be taken after risk analysis, such as preventive, protective, elimination, and transfer actions. It also discusses risk reduction measures, safety barriers, and the types of barriers used. The instructor emphasizes the importance of prioritizing and planning actions over time to ensure efficient risk analysis and management.

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Instructor

Laurent Vulliet

EDUCATION 2016 Board Member Certificate, Swiss Board School, Switzerland 2008 AMP (Advanced Management Program), INSEAD, Fontainebleau, France 1986 PhD (Dr sc. tech.), EPFL, Lausanne, Switzerland 1980 Ms, Civil Engineering (Dipl. Bauing. ETH), ETHZ, Zurich, Switzerland PROFESSIONAL ACTIVITIES 1994 - Present Professor, EPFL. Director of the Soil Mechanics Laboratory (1994-2008). Promoted from Associate to Full Professor in 1996. Part-time position since 2008 2008 - 2015 CEO, BG Consulting Engineers, Lausanne, Switzerland. 2001 - 2008 Dean, School of Architecture, Civil and Environmental Engineering (ENAC), Ecole polytechnique fédérale, Lausanne (EPFL) 1999 - 2001 Head, Civil Engineering Department, EPFL 1989 - 1993 Senior Engineer, De Cérenville Géotechnique SA, Ecublens, Switzerland 1987 - 1989 Lecturer, Department of Civil Engineering and Engineering Mechanics, University of Arizona, Tucson, USA 1986 Invited Researcher, Laboratoire central des ponts et chaussées (LCPC), Paris, France 1981 - 1986 Research assistant, and PhD student, Soil Mechanics Laboratory (LMS), EPFL. Thesis on the modeling of natural creeping slopes. Co-advisors Prof. E. Recordon (EPFL) and Prof. K. Hutter (TU Darmstadt) BOARDS / COUNCILS

Member of the Board of Directors, Implenia, Dietlikon, Switzerland (2016 - present)
Member of the Board of Directors, BG Consulting Engineers, Lausanne (2006 - 2015)
Vice-President, Swiss Society of Engineers and Architects (SIA). 2009-2013.
Member, Foundation Council, Foundation Les Bois Chamblard, financing research in Environmental Sciences at EPFL (focusing on bio-diversity). 2003-present
Member, Foundation Council of the Presses Polytechniques et Universitaires Romandes (PPUR), Lausanne. 1995-present
Member, Stiftungsrat der Präventionsstiftung der KGV (a Swiss foundation for the financing of applied research in the domain of natural risks from Cantonal Building Insurances). 2003-2008
Member of the Board of Directors, Stump Bohr AG, Nänikon. 1998 2001

PROFESSIONAL SOCIETIES

Swiss Society of Engineers and Architects (SIA)
American Society of Civil Engineers (ASCE)
International Association for Computer Meth. and Advances in Geomechanics (IACMAG)
International Society for Soil Mechanics and Geotechnical Engineering (ISSMGE)
International Society for Rock Mechanics (ISRM)
Swiss Society for Soil and Rock Mechanics (SSMSR)
Swiss Society for Earthquake Engineering and Structural Dynamics (SGEB)

SCIENTIFIC COMMITTEES

Swiss National Science Foundation (NSF): member of the Foundation Council and of the Electoral Commission (1996-2003)
Extra-Parliamentary National Commission on Natural Disasters (PLANAT): member of the Commission 1997-2007 (member of the Executive Board from 1997 to 2000)
Natural Hazards Competence Centre CENAT (ETH Domain): founder member and member of the Board of Directors (1995-2007)
Alliance of European Research Laboratories (ALERT), member of the Board of Directors (1995-2009)
Beratende Kommission Swiss Federal Institute for Forest, Snow and Landscape Research (WSL): member (2000-2004)
Centro Stefano Franscini (CSF, Monte Verità): member of the Scientific Advisory Committee (1997-2007)
EPFL Press and Information Commission (CPI). Member 1994-94, President 1995-2000

EDITORIAL BOARDS

Adjunct Editor-in-Chief, Revue française de génie civil (Hermès); founder member (1996-Present). Cette revue est devenue "European Journal of Environmental and Civil Engineering"
Editorial Advisory Board, Int. J. Num. Analyt. Meth. in Geomech., John Wiley (1997-2009).
Editorial Board, Int. J. of Geomechanics (2000-2009).
Editorial Board, Computer & Geotechnics, Elsevier (2001-2009).
Editorial Board, Rivista Italiana di Geotecnica (1997-2009).

Official source

Related concepts (10)

Risk management

Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

Risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is "effect of uncertainty on objectives".

Risk assessment

Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyses potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).

Financial risk management

Financial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring these, and crafting plans to address them. See for an overview. Financial risk management as a "science" can be said to have been born with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see .

Operational risk management

Operational risk management (ORM) is defined as a continual recurring process that includes risk assessment, risk decision making, and the implementation of risk controls, resulting in the acceptance, mitigation, or avoidance of risk. ORM is the oversight of operational risk, including the risk of loss resulting from inadequate or failed internal processes and systems; human factors; or external events. Unlike other type of risks (market risk, credit risk, etc.) operational risk had rarely been considered strategically significant by senior management.

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