A comprehensively updated and reorganized new edition. The updates include comparative methods for improving reliability; methods for optimal allocation of limited resources to achieve a maximum risk reduction; methods for improving reliability at no extra cost and building reliability networks for engineering systems. Includes:



A unique set of 46 generic principles for reducing technical risk
Monte Carlo simulation algorithms for improving reliability and reducing risk
Methods for setting reliability requirements based on the cost of failure
New reliability measures based on a minimal separation of random events on a time interval
Overstress reliability integral for determining the time to failure caused by overstress failure modes
A powerful equation for determining the probability of failure controlled by defects in loaded components with complex shape
Comparative methods for improving reliability which do not require reliability data
Optimal allocation of limited resources to achieve a maximum risk reduction
Improving system reliability based solely on a permutation of interchangeable components