Speaking Of Reliability: Friends Discussing Reliability Engineering Topics | Warranty | Plant Maintenance cover image

Better Risk Matrices

Speaking Of Reliability: Friends Discussing Reliability Engineering Topics | Warranty | Plant Maintenance

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Navigating Risk Assessment Evolution

This chapter delves into the transition from traditional risk assessment methods to contemporary AI-driven approaches, analyzing their complexities and limitations. The discussion highlights the subjective nature of tools like heat maps and FMEA in engineering contexts, emphasizing the importance of stakeholder collaboration and iterative processes for prioritizing risks. Additionally, it addresses the challenges of measuring uncertainty and the significance of visual tools in enhancing decision-making and understanding within teams.

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