Preface

Risks and hazards are a part of everyday life. And it is our natural tendency to make decisions after calculating risk for the action. Looking at a long distant traffic light, a driver controls the speed and applies brake at the correct time and place to stop the car within stop line without any jerking. However, the person may not be safe for long! In the area of technology, too, there are hazards and risks everywhere; nothing is totally free from hazards or risk. In all of industrial facilities, process plants, civil/architectural construction sites, transportation systems, aerospace, space craft – even for a financial decisions there will be hazards in different forms. Accordingly, there will be associated risks in different forms and ...

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