Confidence factor Descriptive name for the confidence factor, for example, “High”, “Low”, or “Neutral”. See Also Sequence The sequence number determines the confidence factor’s position in lists. See Also Abbreviation Short form for the confidence factor. See Also Usage Confidence factors can be used in: • Inspection factor and strategy determination • Likelihood of failure adjustment • Both See Also Rating Descriptive name for the consequence evaluation value. See Also Evaluation score The evaluation score can adjust the inspection factor or likelihood of failure up or down. It represents the confidence factor’s importance relative to other confidence factors. See Also Risk matrix adjustment When weighted severity and relative risk are used to perform risk analysis, the confidence factor can adjust the failure mode’s position in the risk matrix. Enter a value relative to other confidence factors. See Also Description The description of the item. You can use this box to include any additional details.
