
Failure modes and effect analysis is a tool to identify potential failures and prioritize based on severity, occurrence, and detection. I like to describe FMEA as an organized brainstorm. You probably have some experience with FMEA.
In some industries, there is a high expectation or mandate to do an FMEA study. In some industries FMEA maybe just another tool to consider using during various stages of the product or asset lifecycle.
In my opinion, FMEA should be a part of your project plan when it is likely to add value.
Value in the sense that the organization will receive an adequate benefit based on the investment to conduct the FMEA study. [Read more…]