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Home » risk

by Greg Hutchins Leave a Comment

AI Product Development and Deployment

AI Product Development and Deployment

An Accendo Reliability recorded webinar event

AI is or will be integrated into every product and service. The world of AI product development is really confusing. What is required? What are good practices? What’s next?

Greg will discuss the critical architecture and design practices that need to be considered in AI product development and deployment. Why should you attend? AI knowledge, skills and abilities are now recognized as a prerequisite for continued employment, development, and promotion for ALL knowledge workers.

[Read more…]

by Greg Hutchins Leave a Comment

Risk 101: Future of Quality

Risk 101: Future of Quality

An Accendo Reliability recorded webinar event

We’ve evangelized for more than 20 years that the future of quality and its related disciplines, including reliability, will be risk-focused. Why? We’re living in a time of uncertainty and risk. Understanding and managing risk is important for quality and reliability professionals solving tough problems and making hard decisions.

[Read more…]

by Fred Schenkelberg Leave a Comment

Risk-Based Auditing

Risk-Based Auditing

An Accendo Reliability recorded webinar event

Risk-based auditing (RBA) is all about risk management. Risk-based auditing is simply risk transfer from the auditee to the auditor.

In today’s uncertain world, the lens for most, if not all, problem-solving and decision-making is risk. Risk-based auditing is a must-have tool for all quality and reliability professionals. ALL ISO management systems require RBA, whether 1st, 2nd, or 3rd party audits.

[Read more…]

by Greg Hutchins Leave a Comment

Understanding Context

Understanding Context

An Accendo Reliability recorded webinar event

Understanding context is essential for making smart, risk-based decisions and solving tough problems.

Understanding context is important to ensure you are correctly solving the right problem. Understanding context helps you understand the root cause of the problem and the key stakeholders. It helps you develop effective solutions. It helps you define your assumptions and biases.

[Read more…]

by Greg Hutchins Leave a Comment

Risk Decision Making, Frameworks, and Assessments

Risk Decision Making, Frameworks, and Assessments

An Accendo Reliability recorded webinar event

Disruption has been one of the major news items in 2022. Disruption results in risk. You can see ‘risk’ in almost every video, magazine, and blog. Russia’s invasion of Ukraine. Supply chain disruption. Climate change. New business models. Reshoring. Inflation. Price of gasoline. Can you imagine $10/gallon gasoline?

Greg will answer the following:

What is risk-based, problem-solving, and decision-making in reliability engineering and quality?

What are risk PDCA, taxonomies, risk assessment, risk management, etc?

What are the two critical risk management frameworks for problem-solving and decision-making?

What are examples of risk assessment tools?

[Read more…]

by Fred Schenkelberg Leave a Comment

Reliability Engineering and Risk Analysis

Reliability Engineering and Risk Analysis

An Accendo Reliability recorded webinar event

Risk is uncertainty. Will this work? How will this item fail? Is it safe? Risk is not limited to product failure, including brand topics such as market acceptance, regulatory approval, supply chain stability, international conflicts, and more. Reliability engineering tends to focus on product failure to perform as expected, and we must fit into the large context of risks facing any product or system.

[Read more…]

by Fred Schenkelberg Leave a Comment

Fundamentals of Risk

Fundamentals of Risk

An Accendo Reliability recorded webinar event

Risk is borne from uncertainty. The reliability performance of your product line and individual products is uncertain. Identifying and understanding the risks involved helps your team mitigate reliability performance risks.

An obvious risk and common question when developing a new product involves the field failure rate. If the failure rate is too high, it may dissuade customers from buying the product. If too low, we assign funds unnecessarily to cover unrealized warranty expenses.

[Read more…]
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