As we discussed earlier, an FMEA is a tool that helps you identify potential issues within your project. Once you have completed the process, identified the risks, it is time to mitigate those risks and perform a final RPN score refresh to see if you have achieved your objectives.

The FMEA process allows you to identify and mitigate risks. Communicating the FMEA results and driving real action to reduce risk is critical. This article discusses the communication process to ensure your risk mitigation plans are accepted by key stakeholders.

All good managers know that there are risks in everyday business. Projects can turn south, processes can break. But can you identify those risks and the impact to your business? These posts will cover a fundamental tool used by project managers and Six Sigma professionals to identify risks, quantify the impact, and brainstorm how to mitigate those potentially nasty results. FMEA stands for Failure Modes and Effects Analysis. It's a simple tool and methodology to help guide ensure you have your bases covered and that risks are clearly understood by everyone. Let's dive in!