Fault, error, failure, hazard. Technically speaking, nothing actually matters until it becomes a hazard (if you're a cynic, this means "costs you money"). I th

Fault, error, failure, hazard. Technically speaking, nothing actually matters until it becomes a hazard (if you're a cynic, this means "costs you money"). I think that this is one way of thinking that engineers could benefit a lot from, in that framing issues within these boundaries gives you a lot more perspective.