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Finding Value

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An obvious result of good reliability engineering is the lack of field failures. Connecting your work to the results is not always obvious.

In todays lean organizations everyone has to provide tangible value. Yet, if the product is doing well, how do you show your ongoing contribution to the organization?

Reliability engineering may increase the cost of a product or recommend expensive product testing. Justifying these expenses is often based on the chance of improved product reliability.

It is the quantification of value due to specific reliability engineering actions that enables you to articulate your worth to an organization.

This short book explores how to calculate the value of reliability engineering activities. We explore ways to estimate value for use in engineering proposals. 
We know that a reliable product provides value to the customer, it also is a value to you and your organization.

Here you will learn how to connect specific reliability engineering work to the real value created.

PDF file size: 318 KB

ePub file size: 1.3 MB

Print Length: 84 pages

Publisher: FMS Reliability Publishing (April 21, 2014)

ASIN: B00JUXU8MS

eBook ISBN: 978-1-938122-02-6

paperback ISBN: 978-1-938122-03-3

 

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8 Responses to Finding Value

  1. SESHAGIRI S B V November 26, 2014 at 4:20 am #

    it is a good information on reliability engineering value

    • Fred November 26, 2014 at 8:17 am #

      thanks for the kind words. I hope it is helpful for you. Cheers, Fred

  2. Anderson Becerra December 15, 2014 at 6:26 pm #

    Excelent Fred, thanks for this book.

    • Fred December 16, 2014 at 11:14 am #

      You’re welcome, do let me know if you have any questions.

      Cheers,

      Fred

  3. Rama Kumar VEPA February 7, 2015 at 9:44 am #

    Good one Fred. Thank you

    • Fred February 7, 2015 at 10:03 am #

      thanks Rama. cheers, Fred

  4. Arun Kumar R May 7, 2015 at 9:49 pm #

    you are doing such a good work keep it up fred !

    Best
    Arun

    • Fred May 7, 2015 at 9:56 pm #

      thanks Arun, much appreciated. And realize that what I know and do is based on the guidance and input of many great leaders I’ve worked with in the past and current enjoy working along side. cheers, Fred

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