The understanding of how Reliability, Maintainability and Risk principles

Demonstrate the understanding of how Reliability, Maintainability and Risk principles
should be applied in practice. Read the guideline attached carefully. you must focus on the slides concepts provided in the attachment (source to be used) with respect
to improving operational performance.

Your guideline should demonstrate:

1- Evidence of understanding of the data needed in order to correctly conduct Technical Risk Assessment.

2- Evidence of understanding relating to the fundamental concepts and techniques of reliability engineering and how they can be applied to improve the reliability, availability, maintainability and safety of engineering plant and systems.

3- Evidence of understanding how to apply Technical Risk Assessment methods in order to avoid hazardous events.

4- Evidence of understanding of the application challenges and opportunities relating to Technical Risk Assessment.

Sample Solution