Failure Mode and Effect Analysis (FMEA)

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Failure Mode and Effect Analysis (FMEA) is a systematic and proactive risk assessment tool used to identify and prioritize potential failure modes of a process, product, or system, and their potential effects on its performance. It is widely utilized in various industries, including manufacturing, engineering, healthcare, and aviation, to prevent and mitigate risks before they occur and lead to undesirable consequences.

Key components and principles of Failure Mode and Effect Analysis (FMEA) include:

1. Identification of Failure Modes: FMEA involves identifying all possible failure modes or ways in which a process, product, or system can fail. This step is crucial as it lays the foundation for the subsequent analysis.

2. Severity Assessment: Each identified failure mode is evaluated based on its potential impact on the overall performance or safety of the system. Severity ratings are assigned to rank the seriousness of the consequences.

3. Occurrence Assessment: The likelihood or probability of each failure mode occurring is assessed. Factors contributing to the likelihood, such as historical data, past incidents, or expert judgment, are considered.

4. Detection Assessment: The effectiveness of existing controls or measures in detecting the failure mode before it causes harm is evaluated. __ ____________ ____ ____________ ___ ____________ ________ _________ ______ __ ________ ____________ ______ ________ _________.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : Maintenance Management
Subject Code : MS 57
Year : 2023