Lecture
This lecture covers the risks associated with hydraulic developments, including economic, technological, and human risks. It discusses categories of risks, operational risks, geological risks, and dam safety. The instructor presents case studies such as the Taum Sauk project violations and penalties. The lecture emphasizes the importance of preliminary risk analysis, likelihood, consequences, and mitigation measures. It also explores the concept of risk reduction and the ALARP principle. Various tools and methods for risk assessment, such as fault trees, event trees, and Hazus software, are explained. The lecture concludes with a discussion on tangible and intangible losses, the calculation of risk consequences, and decision-making processes in the face of low-probability high-consequence events.