FMEA

Abstract

The Failure Mode and Effect Analysis.

A tool used for analyzing how potential events can occur doe to failure within the company or project team.

The elements analyzed with use of the FMEA tool, can be separated in a matrix and consists of failure events, how they can occur, why they occur and how the failure can be avoided.

The different scenarios then get graded with regard to impact-fulness and chance of occurrence, the multiplied score is the used to rank each risk failure event according to their importunateness.

The reason for the FMEA tool to have influence on the project management, is because the tool is strictly guiding the PM and his/her team to what topics to focus on in order to get a successful project result.

The following report will include:

Introduction to the FMEA tool

Invented to systematically test and analyze different ways in which a system can fail and with what following consequences that might occur. The tool was originally developed for military purpose in the 1950s but has become a more recognized failure mode assessment tool for the private industry. The FMEA tool is a datadriven brainstorm where to potential failures are listed and the consequences of the failures ranked for a clear overview of which elements to do damage control on or maybe change entirely. This makes a project manager or team able to improve their initial risk assessments

What does the tool consists of

FMEA consists of a matrix with eight rows for a step-by-step approach.

How does the tool work

The FMEA tool can be applied on all systems, products and services. To get the most from the tool, it is however important to apply it in an early stage of a project, this could be in the initialization of the risk assessments of a project or particular part of the project.