Resilience Engineering: Managing Risks and Building Systems

This lecture introduces the concept of resilience engineering, focusing on the ability of systems to return to a steady-state following perturbations. It covers the importance of anticipating, preparing, absorbing, and adapting to risks, as well as the different levels of resilience in systems. The lecture discusses the attributes of a resilient system, the analysis of resilience grids, and the management regimes for risk and resilience. It also explores emerging risks, risk portfolios, and the SWOT analysis as tools for risk management. The conclusion emphasizes the dynamic nature of risk management and the need for systems to be resilient rather than just reliable.