“How can we analyze the probability of a risk factor breaking out?”
Risk is one of the most important components in infrastructure projects, whether it be related to the structural integrity of a bridge or the temperature levels of a nuclear power plant. If something goes wrong, it could end up costing billions of dollars. So how can we analyze and quantify the release of such events. Well, we can perform something called a Release Assessment, which integrates every possible factor that could lead to failure.