Covers quantitative risk analysis and management using probability theory and statistics starting with system definition, hazard and scenario identification, likelihood estimation and consequence assessment, and finishes with economic valuation and microeconomics for informing decision making. Students will learn uncertainty, risk; natural and anthropogenic hazards and fundamental risk methods; analytical and empirical reliability and resilience estimation for components and systems; consequence, severity and loss analysis and accumulation including property and life; risk-cost-benefit tradeoffs and analysis; microeconomics and socioeconomics in risk analysis for informing decisions; and expert-opinion elicitation; among others.