Question

1. Assume the following information. Probability of failure Maturity= Complexity= Dependancy= 0.45 0.27 0.69 Consequences of failure Cost= 0.18 Schedule= 0.59 Reliability= 0.23 Performance= 0.63 Calculate the overall risk factor and assess the level of risk for this project.

          1. Assume the following information.
Probability of failure
Maturity=
Complexity=
Dependancy=
0.45
0.27
0.69
Consequences of failure
Cost=
0.18
Schedule=
0.59
Reliability=
0.23
Performance=
0.63
Calculate the overall risk factor and assess the level of risk for this project.
        
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1. Assume the following information.
Probability of failure
Maturity=
Complexity=
Dependancy=
0.45
0.27
0.69
Consequences of failure
Cost=
0.18
Schedule=
0.59
Reliability=
0.23
Performance=
0.63
Calculate the overall risk factor and assess the level of risk for this project.

Added by Jes-S M.

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Calculus: Early Transcendentals
Calculus: Early Transcendentals
James Stewart 8th Edition
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Assume the following information: Probability of failure: 0.45 Complexity: 0.27 Dependency: 0.69 Consequences of failure: Cost: 0.18 Schedule: 0.59 Reliability: 0.23 Performance: 0.63 Calculate the overall risk factor and assess the level of risk for this project.
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Transcript

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00:01 As for the question we solve this question for the diagram.
00:09 This is top event.
00:12 This is connected from a gate.
00:15 This is gate a.
00:20 This is divided into two gates.
00:27 This is gate b.
00:31 And this is gate c.
00:36 The gate b is also divided in two parts.
00:41 And gate c is also divided in two parts.
00:50 5, 6, 7.
00:53 This is mu1 and the mu1 value is 2 .25.
00:58 This is mu2 and the value is 0 .35.
01:03 This is mu3 and the value is 0 .55.
01:08 And the value of mu4 equals to 1 .5.
01:15 So, we can see we know reliability of each sums.
01:23 Then r1 equals to e minus r1t.
01:31 So, the total reliability is total reliability r1 equals to e minus 0 .25.
01:41 1 equals to 0 .778.
01:47 And r2 equals to e minus r2t equals to e minus 0 .35 into 1 equals to 0 .7046.
02:02 Then value of r3 equals to e minus r3t equals to e minus 0 .55 into 1 equals to 0 .5769.
02:17 And the value of r4, reliability of r4 is e minus r4t equals to e minus 1 .5 into 1 equals to 0 .223.
02:34 And then we know reliability of the top event can be determined as r equals to 1 minus t...
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