Cost of Instability

From : The Stability Engineering Institute www.manhattanproject20.com 80-09-D The Expected Cognitive Instability Loss (ECIL) Measuring the Economics of Cognitive Instability The Missing Business Metric Every mature engineering discipline eventually develops an economic language. Civil engineers estimate: Cost of bridge failure. Insurance companies estimate: Expected annual loss. Financial institutions estimate: Value-at-Risk (VaR). Reliability engineers estimate: Mean Time Between Failure (MTBF).