Statistical process control (SPC) or statistical quality control (SQC) should be applied to reliability function estimates. SPC and SQC apply to proportions failing to meet specifications, not to reliability functions. Imagine Statistical Reliability Control (SRC) on successive reliability function estimates such as broom charts. Broom charts are graphs of successive reliability estimates as cohorts of ships add to the population.
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Larry George, M.B.A, PhD in IE and OR with minor in statistics - has an academic and corporate background. Larry spent 11 years teaching at CSU San Jose & Hayward, U British Columbia, U Louisville, and Texas A&M. Larry worked 11 years at Lawrence Livermore National Lab, plus jobs and contracts at many other prominent companies. Publications authored by Larry are available from the following sites: https://sites.google.com/site/fieldreliability, www.accendoreliability.com, and www.linkedIn.com. Ask for article copies from ASQ Reliability Review, IEEE Trans. on Reliability, and Naval Research Logistics Quarterly