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News Digest

Nicolette Dalpino
Thu, 01/29/2009 - 13:28
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HEADLINES

  • Never Underestimate a Cat
  • Do the Math
  • The Zero Defects Option-- Book Review
  • Kids Say No to Engineering
  • Baldrige Criteria--New and Improved
  • Not All Manufacturers Hitting Panic Button

 

A Macquarie Island beach
(Photo: M. Murphy/Public domain)

 

Never Underestimate a Cat

Have you ever been so sure your calculations were correct that you’d spend a good deal of money to implement a project? Or, did you bank on certain research only to find that you completely overlooked a crucial factor, but by then it was too late and the cost to fix the problem was sky-high? The central problem is determining uncertainty, which is the focus of risk analysis. Even the best, most thorough analysis can miss something, however--especially when assumption plays a role.

 …

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