RS 525 Training Seminar
Simulation Modeling for Reliability and Risk Analysis
RS 525 focuses on the principles of probabilistic event and risk analysis using simulation
techniques, with an emphasis on using ReliaSoft’s
RENO software to
build probabilistic event models utilizing flowcharts. This includes numerous hands-on case
studies that address complex reliability, risk and safety analysis problems and other
potential applications.
The course presents concepts and software tools that you could use
to help your organization:
- Define a problem, conceptualize how to obtain a solution via simulation, implement
the flowchart in RENO, validate the model and use plots and other metrics to analyze
and visualize the simulation results.
- Perform sensitivity analysis to evaluate how key inputs will affect the results.
- Automatically estimate optimum values by performing multiple simulation runs.
Course Outline
Deterministic vs. Probabilistic Analysis
Introduction to Simulation
- History of Simulation
- Understanding Simulation
- Types of Analyses
Introduction to RENO
- Definition Objects
- Construct Objects
- Building Models
Basics of Risk/Decision Analysis
- General Models
- Event Trees
- Decision Trees
- Influence Diagrams
Applications of Quantitative Decision & Risk Analyses
- Probabilistic Design Concepts
- Optimizing Decisions Under Uncertainty
- Operational Readiness & Reliability
- Advanced Reliability Analysis Applications
- Maintenance Applications
- Financial Applications
- Life Cycle Cost Analysis
- Investment Analysis
RENO as a Programming Language
- Looking at RENO as a Visual Programming Platform
Multiple Case Studies and Applications
Hands-on Workshop