1. The document discusses stress concentration which occurs due to sudden changes in geometry like fillets, holes, notches etc. having smaller radii. It increases the actual stress beyond theoretical stress.
2. It also discusses fatigue failure which occurs in materials when subjected to fluctuating loads even if the stresses are below yield strength. Fatigue life of materials is represented using S-N diagrams with endurance limit as the fatigue strength for infinite life.
3. Methods to analyze combined steady and fluctuating stresses like Goodman, Soderberg and Gerber methods are presented. These allow evaluating equivalent stress when the component experiences mean and fluctuating stresses simultaneously.