Appropriate design factors are based on several considerations, such as the accuracy of predictions on the imposed loads, strength, wear estimates, and the environmental effects to which the product will be exposed in service; the consequences of engineering failure; and the cost of over-engineering the component to achieve that factor of safety . For example, components whose failure could result in substantial financial loss, serious injury, or death may use a safety factor of four or higher (often ten). Non-critical components generally might have a design factor of two. Risk analysis, failure mode and effects analysis, and other tools are commonly used. Design factors for specific applications are often mandated by law, policy, or industry standards.