The performance function of many engineering structures and mechanisms is usually complex, highly nonlinear, and described in the implicit form. The reliability analysis of these structures using common methods requires high cost and time. In this paper, a new approach for reliability analysis of engineering structures and mechanisms by using the particle swarm optimization algorithm is presented. The advantages of this method in comparison with the conventional methods are its simplicity and accuracy. In addition, the limitations of the common previously presented methods are eliminated by the proposed method. This approach is based on a new redefinition of most probable point in the reliability analysis. To evaluate the performance and validity of the proposed method, some examples in the reliability analysis of various functions are employed. Finally, the superiority of the proposed method in performance and accuracy is demonstrated and compared to the conventional methods and it can be used for reliability analysis of complicated engineering structures.