FMEA Risk Analysis

FMEA Risk Analysis

Duration:1 lesson, 3 hours.

Participation: Videocall. In person meetings are suspanded due to Covid-19.

Overview

Failure Modes and Effects Analysis (FMEA) is a tool for identifying, understanding, managing and mitigating risk. The development of an FMEA is best done by a group and is fundamentally a formal brainstorming tool. Failure Modes and Effects Analysis can be applied to any product, service, or process and although it is typically done on the front end during design of a product, service or process, it is a living document.

Failure Mode and Impact Analysis (FMEA) is a structured approach to identify potential errors that can occur when designing a product or process or through the whole product lifecycle.

Failure modes are the ways that a process can fail. The impact is the way in which these errors can lead to waste, errors, or results that are harmful to the customer or production staff. The analysis of failure modes and effects serves to identify, prioritise and define actions to limit these failure modes.

An FMEA does not replace good engineering. Rather, improve good engineering by applying the knowledge and experience of a cross-functional team (CFT) to check the progress of a product or process design by assessing the risk of failure.

Target group & pre-requisite
Managers, Bachelor in Economics or equivalent.
Goals & benefits

Provide knowledge and skill about the FMEA tool: how to use it properly, common mistakes to avoid and building techniques.