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Quantitative Risk Analysis Using Simulation

In a previous issue of Reliability HotWire, we discussed how one can perform risk analysis by using fault trees to calculate the probability of occurrence of any severe system-level effect. The process involved building a fault tree in BlockSim from an effect that appeared in multiple FMEAs in Xfmea. In this article, we will take this risk analysis one step further by using the probability of occurrence of an effect as calculated by the fault tree to investigate the probability of observing other outcomes of interest. We will do this by taking advantage of the new integrated interface between the Synthesis versions of BlockSim and RENO. As we will see, the analysis performed in RENO will essentially resemble an event tree analysis that is commonly performed in safety engineering.

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Read the Latest Reliability News


2014 Worldwide Seminar Calendar Just Released

ReliaSoft’s world-renowned training courses have been reconfigured to provide you with the most focused and effective reliability engineering education on the market. The 2014 Worldwide Seminar Calendar is now available for review online. Explore our easy-to-use, web-based event list to quickly locate an event near you!

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ReliaSoft.tv has a New Look

The ReliaSoft.tv website, a multimedia resource portal for both users of our software tools as well as professionals in the reliability engineering and related fields, has been completely re-designed! The new site offers a simplified user interface that makes it easier to find the reliability resource videos that meet your needs. Stay tuned as we continue to add to our library of educational and informative videos.

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Annual Reliability & Maintainability Symposium (RAMS)

ReliaSoft Corporation is proud to announce our continued participation in the annual RAMS event. In addition to exhibiting our products, we will be presenting two tutorials and four papers covering topics such as accelerated life testing data analysis, analysis of system degradation and much more. Be sure to stop by our booth to meet our reliability experts, learn about the new Synthesis Platform® and explore our complete suite of reliability tools. We look forward to seeing you at The Broadmoor in Colorado Springs, January 27-30, 2014. For program information, please visit http://www.RAMS.org.

 
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