Asset Analysis asset currently being evaluated. See Also Analysis status The analysis status can be one of: • Analysis not started – Scores have not been calculated for the analysis asset. • Partially analyzed – All consequences or the probability of failure (for prioritization analysis) have not been selected for the asset. • Analysis complete – All of the required information has been selected for the asset and scores have been calculated. See Also Probability of failure Probability of failure (also known as the failure rate) is used to quantify how often a failure is likely to occur. A score is assigned to each probability. The scores are used to rank the failures based on the probability that they will occur. See Also Comments As the prioritization assessment progresses, the analyst can enter additional information about the asset or analysis. See Also
