By Chris Jackson
If reliability engineering ends up costing you money, then you are doing it wrong. But chances are that someone you work for looks at reliability engineering as a black hole of costs. This needs to stop!
Reliability engineering is about creating value. Or money. Or more missions. Or safety. But you need to show how this will happen.
This is where a Reliability Value Map helps. Put simply, it is an organized chart that helps you track down every possible ‘good’ thing reliability can do for you. And how you ‘measure it’ to put it into a business case. And once you know the sources of value – the decision should become easy.