FMEA entails reviewing as many components and subsets of a business process as possible to find potential failure modes. It can be a qualitative or quantitative analysis based on statistics.
This module will discuss the Failure Mode Effects Analysis (FMEA) and how to apply it to recognize sources of risk and potential failures in business processes. Get ready to learn about the various uses of FMEA and how this tool helps your organization stay ahead of the competition. After completing this course, you’ll know how to create an FMEA for any project, identifying and tackling risks to improve productivity.
What you’ll learn
Introduction to FMEA
How to identify sources of risk and potential failures