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Mount Polley Dam Breach: discussing Tailings Dam Failure Frequency and Portfolio Risk. Continued

Mount Polley Dam Breach: discussing Tailings Dam Failure Frequency and Portfolio Risk. Continued Mount Polley Dam Breach: discussing Tailings Dam Failure Frequency and Portfolio Risk. Continued. The mandate given to the expert panel forced them to consider all failures “equal”. Thus the risk equation became the simple expression of the probability of failure.  We have discussed how tolerance and risk engineering would apply to large portfolios of dams and other critical infrastructures. We also expressed our opinion in the aftermath…

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