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Probabilistic Risk Assessment and Design Optimization
ARA performs risk and loss estimation assessments using state-of-the-art probabilistic analysis methods. ARA is a pioneer in developing mathematical optimization tools that explicitly consider uncertainties. These assessment tools provide planners and designers with a probabilistic assessment of the potential for damage and injury due to rare events and methods to optimally mitigate the effects of these events.
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ARA recognizes the need to use risk as part of design optimization. Because we understand risk, we utilize the tools to provide this upfront in design.
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