Guest Post by Andrew Sheves (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
A decision point is a moment when a significant choice presents itself and the decision made will result in a significant change of course that cannot be undone easily. Moreover, that same choice or option is unlikely to reemerge in the future. The essential elements are that the decision is significant, non-repeatable, and non-reversible.
The problem is that decision points don’t always announce themselves as clearly as the examples above suggest. Sometimes, the decision point looks a lot like other, similar moments except the context or consequences are very different. At other times, the decision point might get overlooked, mixed in with other less critical choices amongst a flood of activity. So it can be easy to overlook or miss the decision point. [Read more…]
You begin your day by looking for a part in the storeroom. You are looking for a common bearing used on multiple pieces of equipment on the site. You look up the part in the CMMS and it does not have a bin number associated with it. You walk into the storeroom and beginning going through the “bearing section”. Only the bearing is not there. You wander over the equipment section and find it buried in the equipment specific drawer, but you know that it is used elsewhere. Is this the best way to organize materials, by equipment? 
