This undergraduate and graduate textbook provides a practical and comprehensive overview of reliability and risk analysis techniques. Written for engineering students and practicing engineers, the book is multi-disciplinary in scope. The new edition has new topics in classical confidence interval estimation; Bayesian uncertainty analysis; models for physics-of-failure approach to life estimation; extended discussions on the generalized renewal process and optimal maintenance; and further modifications, updates, and discussions. The book includes examples to clarify technical subjects and many end of chapter exercises. PowerPoint slides and a Solutions Manual are also available.

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"This book is comprehensive in coverage and insightful in presentation. It would be very useful to practitioners (for both training and reference purposes) because of the inclusion of realistic examples and case studies. The treatment of data analysis techniques is at the right level – not too mathematical for non-theoreticians yet not without the necessary rigor."
―T.N. Goh, National University of Singapore

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