The terms "analysis" and "assessment" each have a broad definition and the two terms are, to some extent, interchangeable. However, the term “analysis” generally implies a more specific and more detailed evaluation, while the term “assessment” may be a more general or broader evaluation but may include one or more types of analysis. In practice, the meaning comes from the specific application (for example, FTA, Markov analysis, PSSA, etc.).
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