This SAE standard outlines the steps and known accepted methodologies and standards for linking Model VV with model based product reliability assessments. The standard's main emphasis is that quantified values for Model-based product reliability must be accompanied by a quantified confidence value if the users of the model wish to claim use of a "Verified and Validated" model, and if they wish to further link into business and investment decisions that are informed by quantitative second-order risk and benefit cost considerations.

Purpose

The purpose of this standard is to provide a process for linking demonstrated and accepted standards for Model VV with peer reviewed and published methods and standards for model based assessments of product reliability. The result will be a standard that enables a design process providing validated model based assessments of product reliability at a quantified confidence level. This will justify and enhance the success of investments and business decisions that are based on model assessments of product reliability.