F
Failure Modes and Effects Analysis (FMEA)
What Question(s) Does the Tool or Technique Answer?
What can go wrong? What can be done to prevent or minimize it? What are the potential failures that could occur, and what is the best response (action) plan to minimize its impact if it does happen?
An FMEA helps you to
• Identify what could go wrong.
• Analyze the magnitude of potential risk associated with a possible problem or failure event.
• Prioritize the potential problems based on a three-fold approach integrating the ability to detect their occurrence, their likelihood of occurrence, and potential severity of impact if they do happen.
• Document an action plan if the failure event occurs, particularly those posing the biggest risk.
Alternative ...
Get Treasure Chest of Six Sigma Growth Methods, Tools, and Best Practices: A Desk Reference Book for Innovation and Growth now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
