Equipment is described as reliable when it functions as designed without failure. Admittedly, equipment failure of any kind is quite inconvenient especially in fast-paced environments like the manufacturing sector. However, the consequences of failure – if it were to occur – go just beyond the usual inconveniences of unplanned downtime, lost productivity, lost revenue, etc. All these are bad enough, but should equipment failure cause injury or fatality, recovering from the consequences could become an uphill task.
I. C. 3. Safety System
Making or supporting decisions involving product or system reliability is fraught with uncertainty. Is it reliable enough? Will failures occur prematurely? Are failures dangerous?
Uncertainty is risk.
In recent years more organizations and international standard bodies have focused on risk management. Identifying, analyzing, and mitigating uncertainty in a systematic manner.
There is not a set way for every organization to organize a risk management process. The ISO 31000 standard does describe a framework for the implementation of risk management within your organization. [Read more…]
With any product development, there is a risk the features (benefit) come along with inherent dangers (risk). For example, a desktop computer includes the need for electrical power. Done improperly a person exposed to wall current and voltage could be seriously harmed. While unlikely the risk exists. [Read more…]