An engineering based Decision Support Solution (DSS) that enables modelling, technical analysis and trade studies of alternate design configurations for Safety, Reliability and Cost of Ownership. The DSS should be simulation based and integrated with the Digital Twin / Thread to ensure concurrent, automated and objective risk identification and mitigation processes at each stage of the design process. All knowledge generated must be configuration controlled, extensible and effectively managed / transferred to internal and external stakeholders across the product lifecycle to enable continuous optimization of the ownership cost.
A decision support solution (process and tools) that integrates the analysis capabilities required to support trade studies on Availability, Safety and Cost of Ownership. To ensure consistency in the decision process and knowledge transfer & management capability across the lifecycle with, the solution should be model based (digital) with standardized analysis workflows and data structures, a high degree of automation, and the ability to integrate with related engineering and asset management applications (e.g. PLM).