Risk Analysis - Event Probability Assessment

Application: Management

  • Format: Online Tool Tool Tip
  • Fee for Use: Free Tool Tip
  • Enrollment: Not Required Tool Tip
Risk Analysis - Event Probability Assessment

Summary

This tool determines the number of events likely to occur during the lifespan of an operation such that probability of exceedance is limited to a specified value.

Notes on Risk Analysis - Event Probability Assessment

  • This tool determines the number of events likely to occur during the lifespan of an operation such that probability of exceedance is limited to a specified value.
  • Analysis of probability of exceedance is based on a Poisson distribution of event occurrences.
  • 1 < Lifespan of Operation < 100
  • 0.1 < Probability of Exceedance < 100

Tool Parameters

Values displayed with a may be changed ... click on a value to display an entry form ... or use the arrows right of a value to select from a list.

Tool Behaviour

This tool exhibits spreadsheet-like behaviour ... change a value and related values are re-calculated automatically.

SVG Plugin

This tool needs SVG viewing capabilities. If your browser does not support SVG then download the Adobe plugin here.

Download Adobe SVG here