Process / pipelineEngineering methods
Risk-based Event Tree Analysis
Risk-based event tree analysis is a forward-looking, inductive risk assessment technique that models the consequences of an initiating event by tracing binary success/failure branches through safety barriers, then weights each outcome path by its probability to produce quantified risk estimates. Widely applied in nuclear, chemical process, aviation, and infrastructure safety engineering, it sits at the heart of probabilistic risk assessment (PRA) and supports both design decisions and regulatory compliance.
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Sources
- Bedford, T., & Cooke, R. (2001). Probabilistic Risk Analysis: Foundations and Methods. Cambridge University Press. ISBN: 978-0521773201
- Event tree analysis. Wikipedia. link ↗