This course contains the concept of failure probability in the context of industrial processes and process safety. This course combines elements of probability theory with its application in analyzing and managing risk and safety in various types of processes. The learning methods are in the form of offline/online lectures, exercises, and case studies.

• Make a reliability analysis of an equipment, unit, and/or process in a structured manner using the theories of failure probability and process safety statistics.
• Explain the basic concepts of failure probability theory and process safety statistics.
• Apply the basic concepts of failure probability theory and process safety statistics in a problem.
• Conduct reliability analysis.

• Introduction to System Reliability
• Failures and Faults
• Qualitative System Reliability Analysis
• Probability Distributions in Reliability Analysis
• System Reliability Analysis
• Reliability Importance Metrics
• Dependent Failures
• Maintenance and Maintenance Strategies
• Counting Processes
• Markov Analysis
• Preventive Maintenance
• Reliability Data Analysis
• Bayesian Reliability Analysis
• Reliability Data: Sources and Quality

1. System Reliability Theory: Models, Statistical Methods, and Applications, Marvin Rausand, Anne Barros, Arnljot Hoyland, 2021, John Wiley & Sons, Inc.