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This volume covers both well-established practices and open issues in these fields, identifying areas where maturity has been reached and those where more development is needed. The joint Conference provided a forum for the presentation of the latest developments in methodology and application of probabilistic and reliability methods in various industries.

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Innovations in methodology as well as practical applications in the areas of probabilistic safety assessment and of reliability analysis are presented in this six volume set. The aim of these applications is the optimisation of technological systems and processes Kiss Binary Options Trading System the perspective of a risk-informed safety management while also taking economic and environmental aspects into account.

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The joint Conference in particular achieved an enhanced communication, the sharing of experience and integration of approaches not only among the various industries but also on a truly global basis by bringing together leading experts from all over the world. Over the last four decades, contemporary researchers have continuously been working to provide modern societies with a systematic, self-consistent and coherent framework for making decisions on at least one class of risks, those stemming from modern technological applications.

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Most of the effort has been spent in developing methods and techniques for assessing the dependability of technological systems, and assessing or estimating the levels of safety and associated risks. A wide spectrum of engineering, natural and economic sciences has been involved in this assessment effort.

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The developments have moved beyond research endeavours, they have been applied and utilised in real socio-technical environments and have become established - while modern technology continues to present new challenges and to raise new questions. Consequently, Probabilistic Safety Assessment and Management covers both well-established practices and open issues in the fields addressed by the Conference, identifying areas where maturity has been reached and those where more development is needed.

A diverse range of application areas are represented including aviation and space, chemical processing, civil engineering, energy, environment, information technology, legal, manufacturing, health care, defence, transportation and waste management.

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