What are the key metrics for assessing reliability in engineering projects?
When you're managing an engineering project, understanding and assessing reliability is critical. Reliability refers to the probability that a system or component will function without failure under stated conditions for a specified period of time. It's a key indicator of the quality and dependability of your project's outputs. To effectively measure and improve reliability, you need to track specific metrics that can give you insights into your project's performance and potential areas for improvement.