Quantification of margins and uncertainties

Quantification of Margins and Uncertainty (QMU) is a decision support methodology for complex technical decisions. QMU focuses on the identification, characterization, and analysis of performance thresholds and their associated margins for engineering systems that are evaluated under conditions of uncertainty, particularly when portions of those results are generated using computational modeling and simulation.

Source: Wikipedia — Quantification of margins and uncertainties (CC BY-SA 4.0)