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Track 1 Tutorial 2
3:30 to 5:00 p.m. Wednesday June 18, 2008
Communication is Key: Speak Their
Language Using Your Data
Raw data tells the story to a
select few, but the end users of the information need to know the
story in a format that they can understand and apply. Accurate and
understandable communication to this group is essential in order to
make sound business decisions.
Engineers think in terms of probabilities, slopes, characteristic
life, etc. Management thinks in terms of money, return on
investment and stock price. How do we make the translation?
This tutorial goes through the process of turning raw data into
information that management can use to make informed and sound
decisions about their products and projects. Many reliability
analysis software tools
are used in this process and many questions are asked along the way.
"Does this make sense?" is the heart of each step that leads to
answers and also to more questions. The end result is a communication tool that management
uses to determine where engineering dollars should go to increase
reliability and to customer loyalty.
Key Words: Weibull++,
Reliability Growth Analysis, BlockSim, Component Analysis, Product
Modeling, Cost of Ownership
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