Category: Mathematics

Fire Risk Analysis

Fire Risk Analysis

Fire Risk Analysis

05/16/19

“How can we analyze fire risk?”

Property catching on fire can be very dangerous. Whether it be a single building or a transmission line, the damage can be an order of magnitude worse than expected. Because of this, many property owners use risk analysis methods to keep their investments safe. This Fire Risk Analysis can be accomplished through the amalgamation of a multitude of methods, such as analyzing historical dire data, on-site building inspections, and material analysis.

Risk Analysis

Risk Analysis

Risk Analysis

05/15/19

“How can we analyze risk?”

Every engineering, business, or policy action has some sort of risk attached. Whether it be installing a wind turbine or funding a renewable energy startup, something could go wrong. As a result, before institutions will make a Risk Analysis to see if taking such an action is rational. Risk analysis can be performed in a multitude of different ways, both qualitatively and quantitatively.