What do you consider to be the most uncertain factor – and why?

A risk analysis of a proposed incinerator and recycling system for very dangerous industrial waste is to be performed. The system is located close to a residential area. The analysis shall also cover the transport to and from the system through the residential area. Assume that you are responsible for the uncertainty of the risk analysis. (a) List the main uncertainty factors related to the risk analysis. (b) Consider whether it is beneficial to split these uncertainty factors into completeness, model, and parameter uncertainty. Give arguments for your view. (c) What do you consider to be the most uncertain factor – and why?

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