Decisions and Value
Abstract
Chris and Fred discuss the importance of understanding value when you make decisions. And value needs to mean something to you and your organization. Not something in a dictionary.
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Your Reliability Engineering Professional Development Site
by Christopher Jackson Leave a Comment
Chris and Fred discuss the importance of understanding value when you make decisions. And value needs to mean something to you and your organization. Not something in a dictionary.
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by Greg Hutchins Leave a Comment
Greg and Fred discussing the importance of decision making in quality, reliability, and work in general.
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by Greg Hutchins Leave a Comment
Greg and Fred discussing risk based, decision making for reliability and quality engineers.
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by Christopher Jackson Leave a Comment
Chris and Fred discuss the typical decisions that are informed by reliability. It might be easier to list what decisions are not informed by reliability engineering. We came up with a list of 13 … and that is only because we ran out of time. What decisions you think are influenced by reliability engineering? Listen to this podcast to learn more.
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by James Kovacevic Leave a Comment
Decision making is a major part of maintenance and reliability. The engineers have to make decisions all the time regarding assets, budgets, and risk analysis. There are some decisions that don’t really have serious consequences but when it comes to asset management, every decision is important. They need to be economical and there should be a good balance between cost, risk, and asset performance. Most of the time, the managers are making all the decisions and they either do it based on their experience or they just go with their gut feeling.
In this episode, we covered: