General Concepts and Theoretical Background.- Industrial Multi-state Systems (MSS) and Dynamic Reliability Analysis.- Modern Stochastic Processes Methods for Dynamic MSS Reliability Assessment.- LZ-transform and Extended Universal Generating Function (UGF) Technique.-Applications and Real-world Case Studies.- Short-term Availability and Reliability Analysis for Power Systems.- The Lz-Transform and the Markov Reward Approaches for the Reliability Assessment...