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FMEA

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Best Practices

FMEA


May 20, 2012

Failure Modes and Effects Analysis (FMEA) is a tool that can assist in identifying where your areas of risk lie and helps structure solutions.

By using a table list, key steps in your process i.e. either a project or at the highest level, the core functions of your business. Against each of these steps note what the particular failures might be. Then give each a 1-10 score, 10 being worst for each failure representing its severity i.e. cost, impact on the customer etc. Then score 1-10 for occurrence, how often/likely is this to occur. Then in a total column, add the severity and occurrence scores. The higher the score the higher the risk.  Finally, you can list against each of the risks your current controls. You can also highlight the top risks and assign dates against each, to address how you will address each of the highest risk issues.

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