A system is vulnerable if any small damage produces consequences which are disproportionately large. The damage may come from unknown sources. Consequently any inherent weaknesses in the form of the system need to be explored. In this paper, we present a systems approach to analyse the vulnerabilities of a system and hence to manage risks. The form of the system is organized into a hierarchical model that can be systematically examined for weak points. The approach can be applied to many networked systems including lifelines. Here it is briefly illustrated through a simple structural system and a road network.
|Title of host publication||Proceedings of the First International Conference on Vulnerability and Risk Analysis and Management|
|Number of pages||8|
|Publication status||Published - 11 May 2011|