A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems

Mo Mansouri; Roshanak Nilchiani; Ali Mostashari

doi:10.1109/SYSTEMS.2009.4815768

A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems

Mo Mansouri, Roshanak Nilchiani, Ali Mostashari

Stevens Institute of Technology

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

36 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). While developing a systematic process for making strategic and investment decisions, RMDA enables the decision-makers 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. Our suggested RMDA framework utilizes a Decision Tree Analysis (DTA) methodology for assessing the costeffectiveness of the devised strategies.

Original language	English
Title of host publication	2009 IEEE International Systems Conference Proceedings
Pages	35-41
Number of pages	7
DOIs	https://doi.org/10.1109/SYSTEMS.2009.4815768
State	Published - 2009
Event	2009 IEEE International Systems Conference - Vancouver, BC, Canada Duration: 23 Mar 2009 → 26 Mar 2009

Publication series

Name	2009 IEEE International Systems Conference Proceedings

Conference

Conference	2009 IEEE International Systems Conference
Country/Territory	Canada
City	Vancouver, BC
Period	23/03/09 → 26/03/09

Keywords

Decision Analysis
Maritime Infrastructure and Transportation Systems.
Resilience
Risk Management

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10.1109/SYSTEMS.2009.4815768

Cite this

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title = "A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems",

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). While developing a systematic process for making strategic and investment decisions, RMDA enables the decision-makers 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. Our suggested RMDA framework utilizes a Decision Tree Analysis (DTA) methodology for assessing the costeffectiveness of the devised strategies.",

keywords = "Decision Analysis, Maritime Infrastructure and Transportation Systems., Resilience, Risk Management",

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language = "English",

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Mansouri, M , Nilchiani, R & Mostashari, A 2009, A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems. in 2009 IEEE International Systems Conference Proceedings., 4815768, 2009 IEEE International Systems Conference Proceedings, pp. 35-41, 2009 IEEE International Systems Conference, Vancouver, BC, Canada, 23/03/09. https://doi.org/10.1109/SYSTEMS.2009.4815768

A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems. / Mansouri, Mo ; Nilchiani, Roshanak; Mostashari, Ali.
2009 IEEE International Systems Conference Proceedings. 2009. p. 35-41 4815768 (2009 IEEE International Systems Conference Proceedings).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AU - Nilchiani, Roshanak

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Y1 - 2009

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 Maritime Infrastructure and Transportation Systems (MITS). While developing a systematic process for making strategic and investment decisions, RMDA enables the decision-makers 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. Our suggested RMDA framework utilizes a Decision Tree Analysis (DTA) methodology for assessing the costeffectiveness 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 Maritime Infrastructure and Transportation Systems (MITS). While developing a systematic process for making strategic and investment decisions, RMDA enables the decision-makers 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. Our suggested RMDA framework utilizes a Decision Tree Analysis (DTA) methodology for assessing the costeffectiveness of the devised strategies.

KW - Decision Analysis

KW - Maritime Infrastructure and Transportation Systems.

KW - Resilience

KW - Risk Management

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BT - 2009 IEEE International Systems Conference Proceedings

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A risk management-based decision analysis framework for resilience in maritime infrastructure and transportation systems

Abstract

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Keywords

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