TY - JOUR
T1 - A policy making framework for resilient port infrastructure systems
AU - Mansouri, Mo
AU - Nilchiani, Roshanak
AU - Mostashari, Ali
PY - 2010/11
Y1 - 2010/11
N2 - 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 Port Infrastructure Systems (PIS). While developing a systematic process for making strategic and investment decisions, RMDA guides the decision-makers to identify, analyze, and prioritize risks involved in PIS 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 a policy making tool that utilizes a Decision Tree Analysis (DTA) methodology for assessing the cost-effectiveness of the devised strategies.
AB - 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 Port Infrastructure Systems (PIS). While developing a systematic process for making strategic and investment decisions, RMDA guides the decision-makers to identify, analyze, and prioritize risks involved in PIS 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 a policy making tool that utilizes a Decision Tree Analysis (DTA) methodology for assessing the cost-effectiveness of the devised strategies.
KW - Decision analysis
KW - Port infrastructure systems
KW - Resilience
KW - Risk management
UR - http://www.scopus.com/inward/record.url?scp=77955091239&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=77955091239&partnerID=8YFLogxK
U2 - 10.1016/j.marpol.2010.03.012
DO - 10.1016/j.marpol.2010.03.012
M3 - Article
AN - SCOPUS:77955091239
SN - 0308-597X
VL - 34
SP - 1125
EP - 1134
JO - Marine Policy
JF - Marine Policy
IS - 6
ER -