by Frank | Jul 11, 2017 | Design Definition, Operation, Validation
During one of my many trial-by-fire experiences with subsea connectors, I had a wise connector supplier (company president) tell me “It’s always the other connector design I should have selected”. Well, not really funny at the time–down time is...
by David | Sep 26, 2014 | Operation
Awhile back, we created a fast, simple tool that can help anybody make better business decisions by using simple fractions. Most people in business think in terms of cost. This tool will help you think in terms of cost and revenue, regardless of what your company role...
by David | Aug 18, 2014 | Design Definition, Operation, System Analysis
Whenever we facilitate or participate in an FMEA or a project risk assessment on behalf of our clients, we encourage discussion about the probability scale being used. Teams have difficulty reconciling their qualitative and quantitative estimates. For instance, if a...