Failure rate is the frequency with which an engineered system or component fails, expressed in failures per unit of time. It is usually denoted by the Greek letter λ (lambda) and is often used in reliability engineering.
Fault Diagnosis and Prognosis Techniques for Complex Engineering Systems gives a systematic description of the many facets of envisaging, designing, implementing, and experimentally exploring emerging trends in fault diagnosis and failure prognosis in mechanical, electrical, hydraulic and biomedical systems.
A hazard and operability study (HAZOP) is a structured and systematic examination of a complex plan or operation in order to identify and evaluate problems that may represent risks to personnel or equipment. The intention of performing a HAZOP is to review the design to pick up design and engineering issues that may otherwise not have been found. The technique is based on breaking the overall complex design of the process into a number of simpler sections called 'nodes' which are then individually reviewed.HAZOPS
Probabilistic risk assessment is one analysis strategy usually employed in science and engineering. In a probabilistic risk assessment risks are identified and then assessed in terms of likelihood of occurrence of a consequence and the magnitude of a potential consequence.
In engineering, a factor of safety (FoS), also known as (and used interchangeably with) safety factor (SF), expresses how much stronger a system is than it needs to be for an intended load. Safety factors are often calculated using detailed analysis because comprehensive testing is impractical on many projects, such as bridges and buildings, but the structure's ability to carry a load must be determined to a reasonable accuracy.Safety Factors
Reliability engineering is a sub-discipline of systems engineering that emphasizes the ability of equipment to function without failure. Reliability describes the ability of a system or component to function under stated conditions for a specified period of time. Reliability is closely related to availability, which is typically described as the ability of a component or system to function at a specified moment or interval of time.Reliability