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FMEA – Failure Mode and Effects Analysis
Acting rather than reacting
FMEA is a preventive method for assessing and minimising risks
FMEA evaluates and ranks potential failures and their consequences according to how important they are, how likely they are to occur, and how likely they are to be detected.
It is a systematic technique for introducing countermeasures before failures occur.
Benefits of FMEA
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Increased reliability of systems, products and processes
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Targeted failure – cause – analysis
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Near failure-free serial production runs, improved services
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Reduced warranty costs
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Product and process documentation
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Improved intra-enterprise communication across the various visions
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Support for corporate objectives
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Risk management rather than crisis management
