ABSTRACT

The purpose of this chapter is to illustrate using the concepts covered in this book to develop a risk methodology for managing maintenance activities of a marine vessel as a case study. Readers are referred to other case studies, such as the methodology on risk analysis of a protected hurricane-prone region by Ayyub et al. (2009), and the methodology on critical asset and portfolio risk analysis for homeland security using an all-hazards framework by Ayyub et al. (2007) and McGill et al. (2007).