A decision analysis framework for resilience strategies in maritime systems

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    8 Scopus citations

    Abstract

    This research is an effort to develop a Risk Management-based Decision Analysis (RMDA) framework based on the common fundamental elements that define the nature of resilience in Maritime Infrastructure and Transportation Systems (MITS). The framework develops a systemic approach to the decision making process in regards to investing on resilience strategies. It also enables stakeholders and decision makers of maritime systems to identify, analyze, and prioritize risks involved in MITS operations; to define ways for risk mitigation, plan for contingencies, and devise mechanisms for continuously monitoring and controlling risk factors and threats to the system; and to value the adopted resilience investment plans and strategies. Our suggested RMDA framework is developed based on the Six-element Flexibility Framework, which is offered for assessing the value of flexibility strategies in Space Systems, and utilizes a Decision Tree Analysis (DTA) methodology for assessing the cost-effectiveness of the devised strategies.

    Original languageEnglish
    Title of host publication19th Annual International Symposium of the International Council on Systems Engineering (INCOSE 2009) in conjunction with the 3rd Asia-Pacific Conference on Systems Engineering APCOSE 2009
    Pages1406-1427
    Number of pages22
    StatePublished - 2009
    Event19th Annual International Symposium of the International Council on Systems Engineering, INCOSE 2009 - , Singapore
    Duration: 20 Jul 200923 Jul 2009

    Publication series

    Name19th Annual International Symposium of the International Council on Systems Engineering, INCOSE 2009
    Volume3

    Conference

    Conference19th Annual International Symposium of the International Council on Systems Engineering, INCOSE 2009
    Country/TerritorySingapore
    Period20/07/0923/07/09

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