NE 795 Advanced Methods in Probability Risk Assessment

3 Credit Hours

This is a reading class. Each session will be structured as follows:

• Each student presents in 5-10 minutes a review of the journal paper that has
  been read during the previous week. Emphasize the methods of the modeling
  and simulations, as well as describe the advantages of the approach. Discuss
  how a model is developed and what is done to verify and validate it. Critically
  describe what else could be done to improve the presented research.
• A one-page summary (about 500 words) for the journal paper is submitted and
  uploaded as a pdf document to Moodle a day before the meeting time.
• Each student proposes 3 new journal papers to select during the class for the
  next week’s reading.

Course Outline

10 journal papers will be reviewed and critiqued by each student. In
particular, the following areas must be covered:

• Development of a full scope PRA study.
• Demonstration of a dynamic PRA application.
• Modeling of one PRA element in detail.
• Implementation of a dynamic PRA approach.
• Risk-informed licensing approach.
• Each student should include:
  i. At least 2 “classic” papers in their set, e.g., from 1970-1990 that
  introduce some fundamental concepts.
  ii. At least 2 “new” papers from 2010 until present time that present stateof-the-art techniques and results in the field.
  iii. At least 1 comprehensive review paper.

Grading

Critiques: 60%

Review Paper: 40%

A+ ≥ 96%* A 92 – 95% A- 89 – 91% B+ 86 – 88% B 82 – 85% B- 79 – 81% C+ 76 – 78% C 72 – 75% C- 69 – 71% D+ 65 – 68% D 61 – 64% D- 56 – 60% F < 56%

*Must be top 5% student in the class as well to earn the “A+”

Created: 4/17/2024