Type Examples of degradation types are age-related, non-age-related, and strategy-based. See Also Likelihood of failure “Likelihood of failure” describes how often a safety device is expected to be required, based on past history or industry experience. An example of likelihood of failure is “Has happened at this location more than once in the last two years”. See Also Adjusted likelihood of failure The likelihood of failure value after the confidence evaluation has been completed. The confidence factor can adjust the likelihood of failure up or down. See Also
