
Guest Post by John Ayers (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Risk Based Informed Decision Making (RIDM) has a risk assessment as input as well as social and other benefits residual risks. This data or information empowers the person to make an informed decision. This following is an example of RIDM. [Read more…]







There has been much discussion (and often debate) around the P-F curve. The P-F curve illustrates the relationship between the warning signs that are detectable by various technology or methods and the progression of the failure. What is often not discussed and overlooked, is what happens before the equipment starts to deteriorate.




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