Risk-Based Decision Support for Dredging the Lower Mississippi River
The paper reviews progress of a U.S. Army Corps of Engineers project to develop a prototype risk-based decision support system (DSS) for operational scheduling of dredging on the Lower Mississippi River. The DSS incorporates uncertainty in dredging costs, navigation control depths, and navigation costs avoided in an integrated manner to explore the risks and costs associated with potential operational dredging decisions. The DSS is intended to provided economic and risk-based operational guidance and justification in the scheduling, operation, and movement of maintenance dredges. Several lessons are inferred for risk analysis modeling of maintenance dredging activities, and risk analysis in general.
Integrated Water Resources Planning for the 21st Century
Lund, Jay R.; Vannicola, Vini; Moser, David A.; Ratick, Samuel J.; Celly, Atul; and Skaggs, L. Leigh, "Risk-Based Decision Support for Dredging the Lower Mississippi River" (1995). International Development, Community, and Environment. 486.