How Well Do Your Analysts Understand the Analysis Process?

With all the technology available to us today to determine the health of our assets, it is quite easy to lose sight of the fundamental approach of how to truly analyze a problem. Our need for immediate answers has tended to push us towards making snap judgements based on the limited data available. The current trend is to just get more and more data to help us with those judgements. Unfortunately if we do not use all this data properly it leads to more and more incorrect calls, and remember it is the bad calls that everyone remembers not the good ones.

Good analysis is a THINKING process it uses data, logic and reasoning skills to identify the all possible causes, and then eliminate those that cannot be supported by the data. 

Check out this 7 minute video where Ian McKinnon and Tim Dunton discuss the Analysis process.

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