Decision Support for Life-Cycle Optimization Using Risk Assessment

Abstract

The key idea of this work, is to use risk assessment to support the user in deciding which service should be used, from a set of services developed to support life-cycle optimization, in a specific situation. The risk of a specific situation affecting an industrial plant, characterized by the symptoms, is estimated from the information stored on the system concerning the probability of occurrence of the consequence and its impact. It is expected that this knowledge grows along the life-cycle of a industrial plant. Then, depending of the knowledge available and on the risk of the situation, the adequate service is suggested for promptly reaction in eliminating the problem or avoiding critical situations. 1