Description
Book SynopsisWater risks and security are a major global hazard in the 21st century and it is essential that water professionals have a solid grounding in the principles of preventative risk management. This second edition of the key textbook, Risk Management for Water and Wastewater Utilities, extends beyond first principles and examines the practicalities of resilience and vulnerability assessment, strategic risk appraisal and the interconnectedness of water utility risks in a networked infrastructure. It provides an up-dated overview of tools and techniques for risk management in the context of the heightened expectations for sound risk governance that are being made of all water and wastewater utilities. Risk Management for Water and Wastewater Utilities provides a valuable starting point for newly appointed risk managers in the utility sector and offers MSc level self-paced study with self-assessment questions and abbreviated answers, key learning points, case studies and worked examples.
Table of ContentsWhy manage risk?; Basic probability and statistics; Process risk and reliability analysis; Assessing risks beyond the unit process boundary; Regulating water utility risks; Business risk management for water and wastewater utilities; Managing opportunities, reputations and emergencies; Embedding better decision-making within utilities; Summary; Self assessment question abbreviated answers
