Engineering Risk Analysis

Engineering risk analysis is a systematic process used to identify, evaluate, and manage potential problems that could occur during the design, construction, or operation of a system or project. It involves assessing the likelihood and consequences of these issues to ensure safety, reliability, and efficiency. By understanding risks early, engineers can implement strategies to minimize or mitigate them, leading to better decision-making and increased confidence that the final outcome will perform as intended without unexpected failures or hazards.