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Risk-adjusted mission value : trading off mission risk for mission value

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1001 ‎$0‎MAPA20080242381‎$a‎Miles, Ralpf Jr. F.
24510‎$a‎Risk-adjusted mission value‎$b‎: trading off mission risk for mission value‎$c‎Ralph F. Miles Jr.
5208 ‎$a‎This article develops a decision - theoretic methodology for the risk-adjusted mission value (RAMV) for selecting between alternative missions in the presence of uncertainty in the outcomes of the missions. This methodology permits trading off mission risk for mission value , something that probabilistic risk analysis cannot do unless it explicity incorporates both mission value and risk aversion of the project management. The article also introduces a new interpretation of risk aversion . The methodology is consistent with the elementary management concept concerning division of labor. The methodology is developed within the context of scientific missions , but the methodology is equally applicable to any situation requiring outcome value judgments , probability judgments , and risk aversion judgments by different constituencies
65001‎$0‎MAPA20080588953‎$a‎Análisis de riesgos
65011‎$0‎MAPA20080591960‎$a‎Métodos de análisis
65011‎$0‎MAPA20080588434‎$a‎Toma de decisiones
65011‎$0‎MAPA20080611613‎$a‎Modelos probabílisticos
65011‎$0‎MAPA20080571566‎$a‎Casos prácticos
65011‎$0‎MAPA20080592127‎$a‎Navegación espacial
7400 ‎$a‎Risk analysis : an international journal
7730 ‎$t‎Risk analysis : an international journal‎$d‎New York and London‎$g‎nº 2, April 2004 ; p. 415-424