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SAE J2940_202002

M00019527

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SAE J2940_202002 Use of Model Verification and Validation in Product Reliability and Confidence Assessments

standard by SAE International, 02/10/2020

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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.