Therefore, instead of margin, it might be more useful to consider the level of risk as the measure to

manage: performance / outcome goals, threats & opportunities, controls, improvement objectives, and measures

Reducible Risks: Other uncertainties can be handled through risk measures and controls.

.” – ISO 21448 Where Functional Safety sees systems as collections of components with measurable failure

not only with qualitative considerations but can be (an often is) extended to include quantitative measures

Regular assessments and reporting enable organizations to measure progress, identify areas for improvement

This measure of effectiveness will create additional requirements although not specified in API RP 1173

Critical defeats are most often temporary and short in duration measured in shifts and do not typically

This can include physical security measures, cybersecurity protocols, and other strategies to protect The engineering method can also help ensure quality by developing and implementing quality control measures

This means identifying risk and then establishing measures to buy-it-down so that it doesn’t slow-you-down

A social license is hard to measure but you know when you don't have it.

This approach involves setting goals and objectives for compliance and measuring progress towards these